mostly covering Chinese stocks
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'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
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
