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Xinyuan Real Estate Co., Ltd. Message Board

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  • stan.ackman stan.ackman Aug 1, 2011 8:07 PM Flag

    2nd Q results Aug. 9th 2011


    I appreciate your reply. I believe you regarding the government's intention of curbing the real estate market. That's why I, as a XIN's shareholder actually wish the Chinese real estate price can drop. The problem is, after almost two years, the Chinese government imposed a series of curbing efforts, the housing price still goes up, especially in the smaller cities. As a result, the government will not stop here and is publishing more curbing on tier 2 or 3 cities, where XIN's major market is.

    My fear is XIN as a smaller developer listed in the US, which has limited financing resources, will have difficulty to live up before the government's curbs are gone. Really, based on my research, Chinese real estate price not near to declining now of near future. That's a bad thing for XIN.

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