China Growth Stocks

[BigOnChina]

XIN - I actually love both deals. The building in Williamsburg is going to be marketed to Chinese looking for homes in New York and should sell out very quickly. Just about every new build piece of property in NY is scooped up by investors. The Williamsburg deal is also good for the profile of the company to the investment community. It gives the company a large US asset.

The second deal in Beijing seems to be a no brainer. 8% is already sold to the government! They're going to be builder smaller apartments and targeting younger first time home buyers outside the city. Think living on Long Island or New Jersey and commuting to NYC. Everyone does it because it's less expensive!

Well played XIN.