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Xinyuan Real Estate Co., Ltd. Message Board

  • muddy_rivers muddy_rivers Feb 10, 2013 2:11 PM Flag

    Chinese government to masively fine XIN for poorly constructed apartments?

    You can only screw people long enough before all the complaints comes back to bite you, even in a communist country.

    This is not a problem you can bribe away by paying government officials. These disgruntled homeowners will not rest until XIN is completely out of business and will never build another home again.

    They will spread the word on the internet, tv, newspapers, and radio. XIN's name is ruined now. No one will ever buy a home from them again, no matter how cheap. Once the accounting fraud is exposed, it's game over.

    Sentiment: Strong Sell

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2.73+0.03(+1.11%)Oct 22 4:06 PMEDT

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