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Xinyuan Real Estate Co., Ltd. Message Board

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  • marcino3000 marcino3000 Oct 9, 2011 7:20 PM Flag

    Where did everyone go?

    It will. The correction in US markets is mostly over as Europe stabilizes. I guess it can move once the latest China inflation numbers for September are published. If inflation eases, the Chinese government will start to loosen it's monetary policy (they actually have already asked local banks to borrow to small businesses that are in trouble). At that point, Chinese real estate and financial stocks will start to rise. Big question to me is if WS can overcome their accounting fraud BS fears. That will make the difference between a PE of 2-3 or 20-30...

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