Published on 8 Nov 2023 on Simply Wall St. via Yahoo Finance
Key Insights
Significant control over Kaixin Auto Holdings by retail investors implies that the general public has more power to influence management and governance-related decisionsA total of 14 investors have a majority stake in the company with 23% ownershipUsing data from company's past performance alongside ownership research, one can better assess the future performance of a company
If you want to know who really controls Kaixin Auto Holdings (NASDAQ:KXIN), then you'll have to look at the makeup of its share registry. The group holding the most number of shares in the company, around 55% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company.