Is Uxin a Good Chinese Stock to Add to Your Portfolio?

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The company has undertaken several transitions over the past few years—from selling its loan facilitation business to at one point focusing on cross-regional transactions—but none has yet boosted the business.

Also last month, UXIN announced that it had completed its strategic transformation into an inventory-owning model, which it began in its fiscal year 2021 third quarter, ended December 31. Nevertheless, its financials for the quarter were disappointing.

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