Xinyuan Real Estate: The News Is Not Good

About: Xinyuan Real Estate Co., Ltd. (XIN)
by: Elliott R. Morss
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Results from the last quarter are disappointing.

Almost every financial indicator is negative.

The ongoing liquidation of TPG's holdings exerted further downward pressure on the stock price.


In prior pieces, I have been bullish on Xinyuan's (XIN) prospects. Unfortunately, this last quarter was a step backwards. One only hopes XIN will continue to pay a 10¢ quarterly dividend.