Xinyuan Real Estate Co., Ltd. (NYSE:XIN) is a residential real estate developer focused on the development of large-scale, community style projects targeting middle-income consumers in high-growth Tier II and Tier III cities in China. The company recently has also entered the real estate development market in Chinese Tier I cities such as Beijing, and has also ventured into high-profile projects outside of China, such as a 216-unit condominium development project in the Williamsburg neighborhood of Brooklyn in New York City.
Xinyuan was founded in 1997, and listed on the NYSE on 2007. Investors in the company's initial public offering ave not done too well. The offering price on December 2007 for its American Depositary Receipts (ADRs) was US$14...
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