Even if XIN is in the residential buildings business in the most populated country in the world China is a Communist Country where the government has full control over the housing sector. I think this is the biggest drag on this stock but now this companies are seeking better business opportunities and are going international.
If XIN gonna prove that can do business in New York City successfully and make money the sky is the limit for this company.
At 3 bucks this stock is a no-brainer in my opinion.
We shall see.