Kaixin Holdings
Kaixin Holdings (KXIN) Plummets Nearly 40% Amid Deepening Financial Crisis and Delisting Fears
Shanghai, China – Kaixin Holdings (NASDAQ: KXIN), a prominent player in China's used car market, experienced another tumultuous day in trading, with its shares plummeting by nearly 40% in recent sessions. This latest sharp decline is a stark reflection of the company's ongoing and severe financial distress,