Sales of land parcels exceeded 40 billion yuan (US$6.5 billion) in Shanghai in September, the sixth month that buying momentum has remained robust,
Hate to disappoint you, but Xin's properties are tier 2 and unrelated to Shanghai and Hong Kong.
Your DD means .Im didling my dck
No properties in Shanghai....but Suzhou is about an hour away and XIN sold over 300 apartments in 3 hours on the 23 of Oct...it was a buying frenzy.
XIN's new land in Suzhou, acquired in Sept., might be a high end project for Shanghai commuters.