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Uxin prices IPO at $9, below the range

June 27, 2018
UXIN

Uxin, a leading online used-car marketplace for businesses and consumers in China, raised $225 million by offering 25 million shares at $9, below the range of $10.50 to $12.50. Uxin plans to list on the Nasdaq under the symbol UXIN. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan, CICC and China Renaissance acted as lead managers on the deal.