Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (April Update)

Passenger Vehicle sales in China were 6.6% higher in April than one year ago.  Year over year comparisons should remain favorable in coming months due to the slowdown last summer.  The long-term outlook remains mildly positive due to the country’s low level of vehicle ownership and rising personal incomes. Commercial Vehicle sales in China continued their rebound … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (April Update)

Xinyuan Real Estate’s Aggressive Share Repurchases Send a Strong Signal About Shareholder Value

Xinyuan's 1Q 16 earnings announcement disclosed repurchase of 3,624,240 ADS at a total cost of approximately $14.2mm during the quarter.  This equaled: 18.5% of all share turnover during 1Q16 9.9% of the freely floating shares outstanding at 12/31/15 (excluding shares held by Chairman Yong Zhang, company co-founder Yuyan Yang, and TPG Group) The level of … Continue reading Xinyuan Real Estate’s Aggressive Share Repurchases Send a Strong Signal About Shareholder Value

April 2016 Housing Price Data for Xinyuan Real Estate’s Markets

China Index Academy (a research unit of Soufun) released its monthly report of new home prices in 100 top Chinese markets (LINK).  On a national basis average selling prices rose 1.5% for the month and 9.0% from one year ago. Data for Xinyuan's markets are in the table below:   The Central China markets have … Continue reading April 2016 Housing Price Data for Xinyuan Real Estate’s Markets