Kaixin Auto Holdings (KXIN) News

Kaixin Auto Holdings (KXIN): $0.21

0.00 (-2.11%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

F

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Industry: Auto Dealers & Rentals

Industry

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KXIN News Results

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KXIN News Highlights

  • KXIN's 30 day story count now stands at 2.
  • Over the past 25 days, the trend for KXIN's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
  • NOV are the most mentioned tickers in articles about KXIN.

Latest KXIN News From Around the Web

Below are the latest news stories about KAIXIN AUTO HOLDINGS that investors may wish to consider to help them evaluate KXIN as an investment opportunity.

Kaixin Auto Holdings Announces Establishing AI Automobile Research Institute to Formulate AI Development Strategy

BEIJING, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announced that it has established its AI Automotive Research Institute, with senior VP Mr. Lei Gu appointed as the dean, to facilitate the formation and integration of the company’s development strategy for artificial intelligence applications. Kaixin is also actively seeki

Yahoo | December 11, 2023

Kaixin Auto Holdings Announces Supplements to Unaudited First Half 2023 Financial Results

BEIJING, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announces certain supplements to the unaudited financial results for the six months ended June 30, 2023 originally announced on November 3, 2023 (the “November 3 Announcement”). The November 3 Announcement is hereby replaced in its entirety with this announcement (the “Amen

Yahoo | November 16, 2023

While insiders are yet to place a huge wager on Kaixin Auto Holdings (NASDAQ:KXIN), retail investors saw 11% gain on holdings value last week

Key Insights Significant control over Kaixin Auto Holdings by retail investors implies that the general public has more...

Yahoo | November 8, 2023

Kaixin Auto Holdings Announces Resignation of Director

BEIJING, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announced that Mr. Lin Cong resigned from the Company's Board of Directors, effective on October 30, 2023. Mr. Cong resigned for personal reasons and not due to any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. “On

Yahoo | November 6, 2023

Kaixin Auto Holdings Announces Unaudited First Half 2023 Financial Results

BEIJING, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN), a leading new energy vehicle manufacturer and one of the premium imported cars and used cars platform in China, today announced its unaudited financial results for the six months ended June 30, 2023. First Half of 2023 Highlights Total net revenues were US$18.9 million, representing a decrease of 43% from US$33.3 million in the first half of 2022.Gross profit was US$0.2 million, keeping st

Yahoo | November 3, 2023

EV Startup Shifts Gears From IPO Plans to Bankruptcy

WM Motor, a Chinese electric-vehicle maker that recently tried to go public, has filed for bankruptcy in Shanghai. The company designs, manufactures and sells cars under the Weltmeister brand, and has faced tough competition in China's cutthroat EV market. WM Motor was founded in 2015 by Freeman Shen, the former chairman of Volvo’s China operations.

Yahoo | October 10, 2023

Kaixin Auto Holdings Announces Receipt of Nasdaq Letter Regarding Regaining Compliance with Minimum Bid Price Requirement

BEIJING, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) today announced the receipt of a notification letter dated September 28, 2023 from the Listing Qualifications department of the Nasdaq Stock Market (“Nasdaq”), notifying Kaixin that, the Nasdaq Staff has determined that for the last 10 consecutive business days, from September 15 through September 28, 2023, the closing bid price of the Company’s ordinary shares has been at $1.00 per share

Yahoo | September 29, 2023

Six Strengths of WM Motor that Attracted Kaixin Auto Holdings to the Proposed Acquisition

BEIJING, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) today announced that it had identified several noteworthy strengths in WM Motor Holdings Limited ("WM Motor") that attracted the Company to the proposed acquisition. On September 11, Kaixin announced the non-binding acquisition term sheet with WM Motor to acquire 100% of equity of WM Motor. As a pioneer in bringing innovative smart EV technologies to China’s mainstream auto market, WM Moto

Yahoo | September 20, 2023

Kaixin Auto Holdings Announces Share Consolidation

BEIJING, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that it will effect a share consolidation of its ordinary shares at a ratio of 1-for-15, effective as of 5:00 p.m. Eastern Time on September 14, 2023 (the “Share Consolidation”). The Company’s ordinary shares are expected to begin trading on a post-consolidation basis at the opening of trading on September 15, 2023. Upon the market opening on September 15, 2023, the Company

Yahoo | September 14, 2023

Kaixin Auto Holdings Announces Non-Binding Acquisition Term Sheet with WM Motor

BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has signed a non-binding acquisition term sheet with WM Motor Holdings Limited ("WM Motor"), planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders. Founded in late 2015, WM Motor is a smart new energy vehicle company in China with full capabilities in product design, R&D (both hardware and so

Yahoo | September 11, 2023


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