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Kaixin Auto Holdings - KXIN STOCK NEWS

Welcome to our dedicated news page for Kaixin Auto Holdings (Ticker: KXIN), a resource for investors and traders seeking the latest updates and insights on Kaixin Auto Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Kaixin Auto Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Kaixin Auto Holdings's position in the market.

Rhea-AI Summary
Kaixin Auto Holdings rebrands to Kaixin Holdings, with no impact on shareholders. The company's ordinary shares will trade under the new name on the Nasdaq Capital Market starting April 10, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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none
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Rhea-AI Summary
Kaixin Auto Holdings announces successful passing of all resolutions at the annual general meeting, reinforcing shareholder confidence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.92%
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none
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Rhea-AI Summary
Kaixin Auto Holdings signed an export order with Myanmar New Power Motor Co., Ltd. for 1,000 new energy vehicles in the SKD mode, marking a significant business breakthrough. The cooperation aims to promote automobile trade between China and Myanmar, leveraging the growing new energy vehicle market in both countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.29%
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none
Rhea-AI Summary
Kaixin Auto Holdings received a notification letter from Nasdaq regarding non-compliance with the minimum bid price requirement. The company has until July 30, 2024, to regain compliance, failing which it may face delisting from the Nasdaq Capital Market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.6%
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none
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Rhea-AI Summary
Kaixin Auto Holdings announces its annual general meeting of shareholders to be held on March 4, 2024, and the record date for ordinary shares. The company has also filed its annual report on Form 20-F with the SEC for the fiscal year ended December 31, 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
Kaixin Auto Holdings announced the appointment of Mr. Xiaoning Wu as a director of the Board and chairman of the audit committee, effective from January 30, 2024. Mr. Wu is recognized as a financial expert and brings extensive experience in corporate financial management, capital investments, and sales areas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
management
Rhea-AI Summary
Kaixin Auto Holdings (NASDAQ: KXIN) announced a strategic cooperation intention with DeepBlue AI Technology to establish a joint venture for AI autonomous driving technology on mass-produced EV models. DeepBlue AI Technology is a leader in AI technology and has won numerous awards in computer science and AI-related competitions. The company possesses L4 autonomous driving technology and has successfully launched smart car products, including self-driving buses and sanitation vehicles. Kaixin's Chairman and CEO, Mr. Mingjun Lin, expressed optimism about the partnership, stating that it will be a significant boost to Kaixin's AI vehicle development efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-60.41%
Tags
partnership AI
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Rhea-AI Summary
Kaixin Auto Holdings (KXIN) has received an intention order to export 1,000 new energy vehicles to New Power Auto in Myanmar. The company has also obtained a five-year authorization as its strategic partner for the export of vehicles from China. This partnership marks a significant business breakthrough for Kaixin's auto import and export trading platform, aligning with the company's strategic focus on overseas expansion in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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none
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Rhea-AI Summary
Kaixin Auto Holdings (NASDAQ: KXIN) has announced the establishment of its AI Automotive Research Institute to integrate the company’s development strategy for artificial intelligence applications. The company is also seeking partnerships with leading AI companies to create intelligent, safe, and efficient automobile travel products and services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
AI
Rhea-AI Summary
Kaixin Auto Holdings (NASDAQ: KXIN) announces supplements to unaudited financial results for the six months ended June 30, 2023. The Amendment Announcement replaces the November 3 Announcement and includes explanatory notes and supplementary disclosures. Total net revenues were US$18.9 million, a 43% decrease from the first half of 2022. Gross profit remained stable, while loss from operations substantially decreased. The Company acquired 100% equity interest in Morning Star Auto Inc. on August 22, 2023, marking its official entry into new energy vehicle manufacturing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.34%
Tags
Kaixin Auto Holdings

Nasdaq:KXIN

KXIN Rankings

KXIN Stock Data

4.88M
13.25M
14.77%
0.83%
0.47%
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