Xinyuan 1Q17 Results and Signals of a Strong Year

Key information from Xinyuan results and recent developments Xinyuan 1Q17 sales were above guidance and the company hinted that it expects a 42% increase in contract sales for the full year. Net Value delivered for shareholders in 1Q17 through book value increase + dividend of $0.38/share Strong financial condition and prudent approach to land acquisitions … Continue reading Xinyuan 1Q17 Results and Signals of a Strong Year

Advertisements

April NBS Price Data in Leading Chinese Cities With Home Price Restrictions

China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK).  The report provides less coverage and less detail than the private Fang/Soufun 100 city index whose release has been suspended.  Increased government control over price data seems to be an intangible measure to cool speculation. The NBS report still provides … Continue reading April NBS Price Data in Leading Chinese Cities With Home Price Restrictions

China XD Plastics Update After 1Q Earnings

A follow-up to my recent articles: CXDC Receives An Unfair Buyout Offer When It Is Over 80% Cheaper Than Comparable China-Listed Companies New Disclosures by China XD Plastics about its Sichuan Plant Expansion China XD Plastics released 1Q results yesterday (LINK).  As usual, first quarter results were depressed by the impact of the Lunar New Year holiday, … Continue reading China XD Plastics Update After 1Q Earnings