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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.