Kaixin Auto Holdings stock rose 3.33 percent as losses narrowed

Published on 10/06/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kaixin Auto Holdings stock was last at USD 1.43 on October 5, 2026, while first-half revenue reached USD 667,000. Net loss narrowed to USD 1.9 million.

KXIN, KYG5223X1759, Illustration mit AI erstellt.

Kaixin Auto Holdings (ISIN KYG5223X1759) stock was last at USD 1.43 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, up 3.33 percent from USD 1.38. The latest company figures show a sharp revenue increase alongside continuing losses and balance-sheet pressure.

Revenue jumps to USD 667,000

MetaTrader reported on September 16, 2026, that Kaixin's unaudited first-half 2026 revenue reached USD 667,000, compared with USD 95,000 in the same period of 2025. That is a 602 percent increase, with the filing attributing the revenue primarily to the company's car-sales business.

The same report showed gross profit of USD 23,000, down 76 percent from USD 95,000 a year earlier. Operating expenses fell to USD 2.0 million from USD 8.7 million, while the adjusted operating loss narrowed to USD 1.4 million from USD 3.0 million.

Loss narrows but liquidity stays tight

Kaixin's net loss attributable to the company declined 77 percent to USD 1.9 million in the first half of 2026 from USD 8.4 million in the prior-year period, according to MetaTrader. Kaixin also reported adjusted net loss of USD 1.3 million, compared with USD 2.7 million a year earlier.

Tickeron cited current assets of USD 1.6 million against current liabilities of USD 9.3 million in the first-half filing. That gap puts working-capital management alongside revenue growth as a central measure of execution.

Acquisition adds dilution risk

Kaixin agreed on August 26, 2026, to acquire Hongkong Taohaoche Limited through its Hong Kong subsidiary, Jet Sound Hong Kong Company Limited, according to MetaTrader. The original consideration included 10 million Class A ordinary shares, followed by an additional 10 million shares approved on September 3, 2026, after the value of the initial share consideration fell more than 70 percent.

Against that operating and capital backdrop, Kaixin Auto Holdings stock was last at USD 1.43 on Nasdaq on October 5, 2026 at 4:00 p.m. ET, with a session low of USD 1.35, a high of USD 1.47 and volume of 56,780 shares.