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Xinyuan Real Estate Co., Ltd. Message Board

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  • stan.ackman stan.ackman Jul 23, 2012 2:03 PM Flag

    OK, I am buying more again

    Fortunately, I sold half of my XIN last Thursday. Now. it is down to less than 2.5% of my portfolio. I still don't worry too much about the fraud risk. Otherwise, I will sell anything. Just the risk environment is totally against XIN right now. China is very unlikely to loose the real estate curb in the near term. Also, the RE bubble risk in China is getting higher.

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    • I lived my first 20+ years in China, and still own properties there. Those bubble-talks are all non-sense.

      In this globalization process, China is like 10x Japan in 1960's, 20x Korea in 1980's, and 50x Taiwan in 1980's. All countries experienced high-rising housing prices, and they all stabilized.

      • 1 Reply to connor.jin
      • Jin, I don't know when your last time back to China is. China is at a turning point. The old growth model basing on real estate and construction has to be changed. By one point, property developing may be no longer that profitable. If XIN's price could not go up substantially higher before than, there is huge risk of holding it long.

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