Chinese developer seeks private equity investment
Focus on second tier cities and cost control gives Xinyuan Real Estate a unique perspective on the government's efforts to reform the property market, chairman says in interview.
This weekÆs announcement of another round of government policies targeted at ChinaÆs property market may have spooked some equity market investors, but mid-sized developer Xinyuan Real Estate, which is currently on the road seeking private equity investors, is not worried.
ôThe new measures actually work in our favour,ö company founder and Chairman Zhang Yong tells FinanceAsia in an interview.
The reason for his optimism is the companyÆs strong cost control and the efficient asset turnaround that he says gives...
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