mostly covering Chinese stocks
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The prior segregation of “15 Hot Cities” in the NBS report has been removed and suggests that price restraints have diminished in importance as a policy goal. It is still useful to monitor trends in these major markets. Intense market restrictions … Continue reading March 2019 NBS Price Data in Leading Chinese Cities
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The prior segregation of “15 Hot Cities” in the NBS report has been removed and suggests that price restraints have diminished in importance as a policy goal. It is still useful to monitor trends in these major markets. Intense market restrictions … Continue reading February 2019 NBS Price Data in Leading Chinese Cities
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The prior segregation of “15 Hot Cities” in the NBS report has been removed and suggests that price restraints have diminished in importance as a policy goal. It is still useful to monitor trends in these major markets. Intense market restrictions … Continue reading January 2019 NBS Price Data in Leading Chinese Cities
Guidance is for record high 4Q18 contract sales of US$1,158mm and EPS of about $1/ADS Property Management business is poised for rapid growth "Technology Town" developments could enhance the company's long-term growth and margins Leverage must decrease - XIN bonds are yielding 20% and US$296mm must be repaid/refinanced in August 2019 Land acquisitions may have … Continue reading Xinyuan Real Estate 4Q18 Earnings Preview
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The segregation of “15 Hot Cities” in the NBS report implies that they will be the primary focus of government policy: Intense market restrictions kept prices flat for many months in these key markets, but the average has recently been boosted … Continue reading December 2018 NBS Price Data in Leading Chinese Cities
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The segregation of “15 Hot Cities” in the NBS report implies that they will be the primary focus of government policy: Intense market restrictions kept prices flat for many months in these key markets, but the average has recently been boosted … Continue reading November 2018 NBS Price Data in Leading Chinese Cities
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The segregation of “15 Hot Cities” in the NBS report implies that they will be the primary focus of government policy: Intense market restrictions kept prices flat for many months in these key markets, but the average has recently been boosted … Continue reading October 2018 NBS Price Data in Leading Chinese Cities
Contract sales have been strong - unsold inventory is at a multi-year low Gross margins have been satisfactory - estimated 28% for projects under development 75Bn RMB (>$11Bn) Xinchuang Technology investment plan could transform the company. Leverage must decrease - ratings outlook is negative and XIN bonds are yielding 18% Property Management subsidiary is preparing … Continue reading Xinyuan Real Estate Update: Did you know about the 75Bn RMB investment plan?
China’s National Bureau of Statistics (NBS) released its monthly report on home sale prices (LINK). The segregation of “15 Hot Cities” in the NBS report implies that they will be the primary focus of government policy: Intense market restrictions kept prices flat for many months in these key markets, but the average has been boosted by … Continue reading September 2018 NBS Price Data in Leading Chinese Cities
China real estate developers have fallen far from their 52-week highs (LINK). Home prices in some major cities closely monitored by the government have begun rising and suggest an informal relaxation of housing market restrictions (LINK). Looser fiscal and monetary policy is boosting domestic consumption to offset the economic and psychological impact of US trade … Continue reading Three China Real Estate Bargains
