Kaixin Auto Holdings (NASDAQ: KXIN) is one of today’s best performing stocks.
If you are considering investing in Kaixin Auto shares, reading this article should help you make an informed investment. Read on to find out what the company is, what it does, and what its plans are for the future. In addition, check out our Kaixin Auto stock price forecast to get an idea of where we are in the current market cycle.
To buy KXIN shares straightaway, scroll down to the section directly below and click on one of the links; this will take you to one of the best places to buy Kaixin Auto stock right now.
How & where to buy Kaixin Auto shares online
To buy KXIN stock, click on one of the links below, sign up, deposit funds and purchase the number of shares you want to own.
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What is Kaixin Auto?
Founded in 2015 and headquartered in Beijing, China, it is a used car dealership that provides financing channels to its customers through its partnership with financial institutions. It also offers insurance, extended warranties, and after-sales services.
The KXIN share price surged today on the news that Kaixin intends to establish a new energy vehicle (EV) business unit. This new division should help satisfy the “Chinese government’s steady support for accelerated development of EVs and the rapid growth of the EV market in China.”
Should I buy Kaixin Auto stock today?
Investing always carries a degree of risk, and this is especially true of investing in Chinese companies because of the jurisdictional risk. However, if you have done your due diligence and feel KXIN could be set for more growth in the coming months, buying shares now to speculate on their future value could be a prudent move.
Kaixin Auto price target 2021
Our KXIN price target for the next 12 months is as follows: $5.