Saturday, June 14, 2008

Tian Xia




Should some of your real estate allocation be allocated to foreign real estate? The Chinese stock market has plunged this year. Perhaps we should be considering a small allocation to China? Xinyuan Real Estate (XIN) is down more than 50% from its IPO in December 2007 (see chart above).

XIN had positive reviews back in December.

The company website has a nice overview of the company.

Perhaps the earthquake will lead to a move up in the construction companies? (Especially as we head into the Olympics.)

James Altucher briefly makes the case for XIN in a recent article.

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