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Xinyuan Real Estate Co., Ltd. Message Board

  • connor.jin connor.jin Dec 4, 2012 11:37 PM Flag

    9 companies cited in the SEC document

    No names were given but only alphabetic letters, A,B,C,......

    Two of them were audited by E&Y, and the time of audit was only 2010 and 2011. Xinyuan was with E&Y since 2006 and its IPO, and E&Y audited all financials in 6 years. There is no reason to believe Xinyuan is involved. Rather I believe those two companies are reverse mergers under shorts' accusations.

    Good night, all.

    Sentiment: Strong Buy

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