Response from IR regarding poor public relations at XIN
I sent the following to XIN 's IR firm ICR to get an idea if they are doing anything with regard to their webpage and PR:
"Dear Mr Zima, I am a US based investor in Xinyuan Real Estate (XIN). I realized that the company has not updated their English webpage since 2012, as evident by the listed development pipeline and news releases. I also have repeatedly found material information about the company's business (such as land acquisition) to be released on Chinese webpages and information terminals prior to release of information to US investors in English. I would like to ask why there is not a more proactive communication strategy in place? Unfortunately the company's perception in the US is poor due to this lack of appropriate IR/PR."
Response was as follows:
"Thank you for your insight. We’ve addressed this with management. They control what gets put up on their English website. We’re hoping to influence them to update the content for the benefit of US-based investors. Hopefully, you’ll see an update in the near future. Regards, Bill"