The Zhitong Finance App learned that with the opening of US stocks today, UXIN.US (UXIN.US) continued to rise sharply. As of press time, it had risen 9.49%.

The Zhitong Finance App learned that recently, J Capital Research (UXIN.US) released a shorting report on Youxin Group (UXIN.US), the first stock in domestic used car e-commerce. After the shorting report was released, Youxin Group's stock price changed drastically. On April 18, local time in the US, J.P. Morgan (J.P. Morgan), a world-renowned investment bank, also released an analysis report on this matter, refuting the four aspects of the shorting report: trading volume data, vehicle supply data, whether founder Dai Kun has cashed out, and Youxin's future prospects.

Analysts expect Youxin to make a profit or break even in the fourth quarter of 2019. J.P. Morgan Chase also gave Youxin an increase in shares (Promised) rating, with a target price of 8 US dollars. This is also the number of times that the analyst firm has been bullish on Youxin since Youxin went public.