XINYUAN REAL ESTATE CO L-ADR (NYSE:XIN), Down By 18.33% ($0.44) From $2.400 After BUYINS.NET Report Predicted Weakness After Ea
May 25, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, May 11th 2011 stating that XINYUAN REAL ESTATE CO L-ADR (NYSE:XIN) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=xin&id=165955
At the time this story was written, XINYUAN REAL ESTATE CO L-ADR (NYSE:XIN) is Down By 18.33% ($0.44) From $2.400 since the BUYINS.NET report was released.
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XINYUAN REAL ESTATE CO L-ADR (NYSE:XIN) - Xinyuan Real Estate Co., Ltd., through its subsidiaries, engages in residential real estate development business, as well as provides property management services in the Peoples Republic of China. It develops and constructs residential real estate units in Chengdu, Sichuan Province; Hefei, Anhui Province; Jinan, Shandong Province; Suzhou, Kunshan, and Xuzhou, Jiangsu Province; and Zhengzhou, Henan Province. The companys residential projects consist of multiple residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties. In addition, it involves in the installation of intercom systems, landscaping, engineering and management, real estate sale, and purchase and lease businesses. As of December 31, 2009, the company completed 19 projects with a total ground floor area (GFA) of approximately 1,591,132 square meters; 5 projects with a total GFA of 1,389,332 square meters under construction; and 7 projects with a total GFA of 1,498,389 square meters under planning. Xinyuan Real Estate Co., Ltd. was founded in 1997 and is headquartered in Beijing, the Peoples Republic of China.
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BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. XINYUAN REAL ESTATE CO L-ADR (NYSE:XIN) has not approved the statements made in this release. Please read our report and visit our web site, http://www.buyins.net, for complete risks and disclosures.
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