RELX Hires Citigroup Trader as CFO
According to overseas media outlet Tobacco Online, sources say that RELX, China's largest vaping company, has hired Lu Chao as its chief financial officer. Lu Chao, managing director at Citigroup and head of Asia healthcare investment banking, is expected
According to foreign media reports from Tobacco Online, sources reveal that RELX, China's largest e-cigarette company, has appointed Lu Chao as its Chief Financial Officer.
<\/span><\/div>
<\/span><\/div>
<\/div>
Lu Chao, Managing Director and Head of Asia Healthcare Investment Banking at Citigroup, is expected to join the US-listed e-cigarette company as early as March. Sources, who requested anonymity, stated that Lu will help RELX identify expansion and investment opportunities in the healthcare sector that can utilize its vaping technology.<\/span><\/div>
<\/div>
Lu Chao is a graduate of Princeton University and, according to his LinkedIn profile, joined Citigroup in December 2013.<\/span><\/div>
<\/div>
According to Bloomberg, RELX, known for its devices under the RELX brand, conducted its initial public offering in the US earlier this year, raising approximately $1.4 billion. Sources indicate that Lu was the lead banker for the deal, which was arranged by Citigroup and China Renaissance Holdings.<\/span><\/div>
<\/div>
Since its debut in January, RELX's stock price in the US has risen by over 75%, bringing the company's market value to approximately $32.7 billion.<\/span><\/div>
Related Articles
Vaping News
Ahead of a Nationwide Ban, Hundreds of Russian Retailers Voluntarily Stop Selling Vapes
2026-04-16
Vaping News
Illegal Vape Brands Try to Evade FDA Scrutiny by Posing as “Made in the USA”
2026-04-08
Vaping News
Jordan’s New Tobacco Control Rules: Waterpipe Tobacco Market Set for Major Changes
2026-03-17