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Xinyuan Real Estate Co., Ltd. Message Board

  • piperblumoone piperblumoone Mar 3, 2013 10:15 PM Flag

    The whole report on 60 minutes should scare

    Everyone here. It's exactly what I have been talking about. Wal, infn44 r just two people posting here who deserve to lose all their pennies (lol) invested in this fraudulent company.......

    Sentiment: Strong Sell

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    • nameless_frank@hotmail.com nameless_frank Mar 3, 2013 10:52 PM Flag

      the news report itself is misleading. first, the locations for those empty real residential estate are newly built tier 3 and 4 cities in remote areas of China. it's empty because ppl havent moved in yet. second, the empty mall and the half-constructed financial district in tianjing are commercial real estates that's not what XIN is doing. third, at the end, it showed ppl are trying to buy more than one homes in cities like Beijing and other tier 2 and 1 cities, exactly where XIN is....so....I am not really sure what's the point that 60minutes is trying to say

 
XIN
3.16+0.03(+0.96%)Feb 12 4:02 PMEST