E-House (China) and Xinyuan Real Estate Fall After Chinese Government Announces Plans to Cool Rising Home Prices
Five Star Equities Provides Stock Research on E-House (China) Holdings and Xinyuan Real Estate
NEW YORK, NY--(Marketwire - Mar 5, 2013) - Chinese equities have
struggled in recent weeks as concerns regarding the nation's economy
continue to mount. The Shanghai Composite Index (SHCOMP) on Monday
declined 3.65 percent, its largest drop since August 2011, after the
Chinese government announced new measure aimed to curb housing prices.
Five Star Equities examines the outlook for Chinese equities and
provides equity research on E-House (China) Holdings Ltd. (NYSE: EJ) and Xinyuan Real Estate Co., Ltd. (NYSE: XIN).
March 05, 2013 08:20 ET
http://www.marketwire.com/press-release/e-house-china-xinyuan-real-estate-fall-after-chinese-government-announces-plans-cool-nyse-ej-1764217.htm
http://ir.xyre.com/phoenix.zhtml?c=217254&p=irol-irhome
Access to the full company reports can be found at:
www.FiveStarEquities.com/EJ
www.FiveStarEquities.com/XIN
The State Council, China's cabinet, announced plans to raise minimum down-payments and loan rates for second home buyers in cities where prices have experienced a rapid increase. Additionally, the Chinese government has stated it would enforce a 20 percent capital gains tax on the sale of existing homes.
"The actual impact of the new policy can be very severe or not severe at all, depending on implementation. But the wording is unexpectedly harsh," said Yao Wei, China economist at Societe Generale CIB. "In three months' time, the impact may not be big at all. But it has stirred very high negative expectations."
Five Star Equities releases regular market updates on Chinese equities so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
E-House is a leading real estate services company in China with a diverse scope of services, strong brand recognition and a broad geographic presence. The company is expected to release results for the fourth quarter and full year 2012 before market open on Tuesday, March 12th. Shares of E-House fell to a low of $3.98 a share Monday before recovering to close at $4.30.
Xinyuan Real Estate, a developer of residential real estate projects, focuses on China's Tier I and II cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. The company reported revenues increased 31.7 percent year-over-year to $263.1 million for the fourth quarter of 2012. Shares of Xinyuan declined over 14 percent Monday.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
www.FiveStarEquities.com/disclaimer
March 05, 2013 08:20 ET
http://www.marketwire.com/press-release/e-house-china-xinyuan-real-estate-fall-after-chinese-government-announces-plans-cool-nyse-ej-1764217.htm
http://ir.xyre.com/phoenix.zhtml?c=217254&p=irol-irhome
Access to the full company reports can be found at:
www.FiveStarEquities.com/EJ
www.FiveStarEquities.com/XIN
The State Council, China's cabinet, announced plans to raise minimum down-payments and loan rates for second home buyers in cities where prices have experienced a rapid increase. Additionally, the Chinese government has stated it would enforce a 20 percent capital gains tax on the sale of existing homes.
"The actual impact of the new policy can be very severe or not severe at all, depending on implementation. But the wording is unexpectedly harsh," said Yao Wei, China economist at Societe Generale CIB. "In three months' time, the impact may not be big at all. But it has stirred very high negative expectations."
Five Star Equities releases regular market updates on Chinese equities so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
E-House is a leading real estate services company in China with a diverse scope of services, strong brand recognition and a broad geographic presence. The company is expected to release results for the fourth quarter and full year 2012 before market open on Tuesday, March 12th. Shares of E-House fell to a low of $3.98 a share Monday before recovering to close at $4.30.
Xinyuan Real Estate, a developer of residential real estate projects, focuses on China's Tier I and II cities, characterized as larger, more developed urban areas with above average GDP and population growth rates. The company reported revenues increased 31.7 percent year-over-year to $263.1 million for the fourth quarter of 2012. Shares of Xinyuan declined over 14 percent Monday.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at:
www.FiveStarEquities.com/disclaimer
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