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Xinyuan Real Estate Co., Ltd. Message Board

  • growth.value growth.value Oct 1, 2012 9:41 AM Flag

    Why is there full of insider information for XIN

    Apparently, XIN keeps the worst secrets when it announces them in the press release. First, the NYC purchase was well circulated in this board couple of days before the PR. That' s near when the recent rally began. Then, again, couple of days before the Beijing land purchase PR, the news was already posted here.

    Now, I understand why good news related to XIN only helps the stock go up a day or two. Simply, many people with insider information buy in advance, and then dump the shares during the announcement day. This is one of the reasons that I don't like Chinese stocks like XIN. The company like many other Chinese companies has very pool compliance management. Many investors are hurt by such activities.

    In this case, short-term traders without insider information will be hurt most by counterparts who possess insider information. Long-term investors may be relatively well positioned. However, given the level of insider information leaked into the market, it is hard to believe XIN is still significantly undervalued.

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