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Xinyuan Real Estate Co., Ltd. Message Board

  • olssongustav olssongustav Jul 23, 2013 10:00 AM Flag

    Will be a good 2nd quarter for XIN

    Amid Tight Policies, Another Large China Real Estate Developer Posts Big Gains. Shares in his Shanghai-listed China Fortune Land Development have gained more than 80% in the past year, and edged up another 1.4% in today after the company announced a big earnings gain for the first half of the year. Net profit rose 40.4% to 1.77 billion yuan, or $288 million in the first half amid brisk business at new projects, the company said. Revenue in first six months up 98.5% to 8.8 billion yuan, or $1.4 billion

    SFUN will also show better than expected. Buy before the report in August

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XIN
2.63+0.16(+6.48%)2:32 PMEST

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