Stock market anomaly | Uxin (UXIN.US) surges over 17% and signs strategic cooperation with Guangzhou Development Zone to build a one-stop automotive industry complex.

According to the Zhitong Financial APP, on Monday, Uxin (UXIN.US) surged more than 17% to $2.93. In terms of news, on October 31st, Uxin announced a strategic cooperation agreement with the Guangzhou Development Zone. The two parties will jointly build the Uxin second-hand car Guangzhou warehouse-style factory store project, with a total planned investment of 1 billion RMB, to create a modern automotive industry complex integrating intelligent remanufacturing and one-stop retail services, with an expected inventory scale of over 3,000 vehicles.