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Stock impact report

Xinyuan Real Estate - Some Good News [Seeking Alpha]

Xinyuan Real Estate Co Ltd American Depositary Shares (XIN) 
US:NYSE Investor Relations: ir.xyre.com
Company Research Source: Seeking Alpha
SummaryThe world is entering a global recession that will not end soon.It all started in China.But it is worth taking another look at this Chinese real estate company.Elliott R. Morss, Ph.D. ©All Rights ReservedWith all the talk of virus, global recession, etc., one might have expected bad news from Xinyuan ’s (XIN(Source:SEC ReportAnd these numbers should get worse before they get better: they cover the last three months of 2019, just before the virus hit Wuhan.That having been said, there are several reasons to be optimistic about XIN going forward.DividendFirst, XIN maintained its 10 cent dividend or near-16% dividend yield. At least to Western investors, this continued dividend payment is important: it symbolizes the company’s concern for its stockholders and a solid cash flow since 2011.New IR FirmSecond, its ridiculously attractive financial numbers (dividend rate 10%, price/earnings ratio of 2.2) suggest that word is not getting out on the company. So, it switched its IR firm t Show less Read more
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