RLX Technology's stock price surged 5.21% on Monday, February 10, in the pre-market trading session.
The rally comes amid renewed investor interest in Chinese tech stocks, driven by optimism around the potential of artificial intelligence (AI) models like DeepSeek. Market watchers believe AI will be a game-changer for Chinese tech companies, with offerings like Alibaba's AI model release and Baidu's Ernie Bot expected to accelerate AI adoption and cloud services demand.
As a leading Chinese tech company, RLX Technology is seen as a potential beneficiary of the AI hype, with investors betting on its exposure to cutting-edge technologies and potential for growth in the rapidly evolving AI landscape.