Just be aware. The good days for US listed Chinese developers may be gone. CHLN drooped almost 40% after the earning release. Can't imagine how XIN could navigator the industry decline.
Probably like China Vanke navigates this robust real estate market in China.
"China Vanke says Q3 net profit up 18 pct from year earlier"
Did you look at earnings from them. Pitiful. China is no Vatican City, it is a huge country. CHLN is just one stock in Chinese Housing.
That is not an indication of the industry at large.
That is not a surprise, since it shouldn't have got higher than $1.65. CHLN is a Savvy favorite, but
I doubt you'll hear him until his next pump job, which is usually within 3 weeks before a company