The Xinyuan Real Estate Company (XIN) appears to be coming into its own as a global real estate development company. But like all such companies, there are plenty of risks ahead. The management team will have its hands full going forward.
Xinyuan Real Estate (XIN) recently released its SEC-required annual report for 2015. I have reviewed the report. There are a number of points worth noting.
In the winter of 2008, I was teaching at the University of Palermo (UP) in Buenos Aires. We were in a tall building overlooking the port and I noted an excess of ships in the harbor. It turned out …