Kaixin Holdings stock fell 3.50 percent after H1 growth

Published on 10/04/2026 at 23:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kaixin Holdings stock fell 3.50 percent to USD 1.38 on October 2, 2026. First-half revenue reached USD 667,000 as losses narrowed to USD 1.92 million.

KXIN, KYG5223X1759, Illustration mit AI erstellt.

Kaixin Holdings (ISIN KYG5223X1759) fell 3.50 percent to USD 1.38 on Nasdaq on October 2, 2026, giving the stock a sharp end to a volatile period. The company’s first-half 2026 results showed revenue of USD 667,000, up from USD 95,000 in the prior-year period, according to Tickeron on September 17, 2026.

Revenue grows from a low base

The revenue increase amounted to USD 572,000 compared with the first half of 2025. The same period also brought a narrower net loss of USD 1.92 million, down from USD 8.41 million a year earlier, according to MarketScreener in its September 16, 2026 report.

That improvement still leaves the operating base small relative to the share-price swings. MarketBeat lists actual second-quarter revenue at USD 0.33 million and actual EPS at negative USD 0.10 for Q2 2026, with the results announced on September 16, 2026, according to MarketBeat.

Acquisition brings dilution risk

Kaixin’s Hongkong Taohaoche acquisition also changed the share-count picture. The company agreed to issue 10 million Class A ordinary shares on August 26, 2026, then approved another 10 million shares on September 3 after the value of the original consideration fell more than 70 percent, according to MetaTrader.

Both share allocations are held in escrow and tied to six-year performance targets. For existing holders, the operating recovery therefore has to be weighed against the potential effect of additional equity consideration.

Stock remains near yearly low

Kaixin Holdings’ October 2 close of USD 1.38 stood above the Nasdaq session low of USD 1.35 and below the session high of USD 1.44. The 52-week range was USD 0.54 to USD 832.50, while market capitalization stood at USD 62.5 million and volume reached 56,190 shares.

The combination of USD 667,000 in first-half revenue, a USD 1.92 million net loss and acquisition-related share issuance makes scale and capital structure the key figures for the next phase of the story.