On December 7, it was reported that Wuxin Technology, the main company of e-cigarette brand RELX, had chosen Citigroup to arrange an initial public offering (IPO) in the United States next year, which may raise up to $1 billion. In this regard, a reporter from Beijing Business Daily interviewed the relevant person in charge of RELX. The man in charege said: “The market rumors are untrue.”
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