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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 announced that Mr. Lin Cong has resigned from the Company's Board of Directors, effective October 30, 2023. Mr. Cong resigned for personal reasons and not due to any disagreement with the Company. Kaixin's chairman expressed gratitude for Mr. Cong's contributions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
management
-
Rhea-AI Summary
Kaixin Auto Holdings announces unaudited financial results for the first half of 2023, with total net revenues of $18.9 million, a 43% decrease from the same period in 2022. Gross profit remains stable at $0.2 million. Loss from operations improves to $4.1 million compared to $32.8 million in 2022. Net loss attributable to the Company improves to $4.5 million from $70.6 million in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
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Rhea-AI Summary
Kaixin Auto Holdings regains compliance with Nasdaq Listing Rule 5550(a)(2)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-17.33%
Tags
none
Rhea-AI Summary
Kaixin Auto Holdings identified several strengths in WM Motor Holdings Limited that attracted the Company to the proposed acquisition. WM Motor has a comprehensive product line, top-notch production facilities, extensive sales networks, remarkable R&D achievements, rich after-sales services, and experienced management and tech teams.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.65%
Tags
-
Rhea-AI Summary
Kaixin Auto Holdings announces a 1-for-15 share consolidation, effective immediately. Ordinary shares to be traded on a post-consolidation basis starting September 15, 2023. Outstanding warrants and equity rights will be adjusted accordingly. No fractional shares will be issued.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1250.62%
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none
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Rhea-AI Summary
Kaixin Auto Holdings announces non-binding acquisition term sheet with WM Motor Holdings Limited
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
Rhea-AI Summary
Kaixin Auto Holdings announces passing of resolutions at annual general meeting
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
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none
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Rhea-AI Summary
Kaixin Auto Holdings announces acquisition of Morning Star Auto Inc., marking its entry into new energy vehicle manufacturing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.66%
Tags
management
Kaixin Auto Holdings

Nasdaq:KXIN

KXIN Rankings

KXIN Stock Data

4.88M
13.25M
14.77%
0.83%
0.47%
New Car Dealers
Retail Trade
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China
Beijing