Xinyuan Real Estate Co., Ltd (NYSE: XIN) stock surged by 23.55% on June 11, 2021, to trade to $3.62 on the news of completing five constructed properties.
Xinyuan stock targets $6.9
Its five newly constructed properties are Zhengzhou Fancy City II, Jinan Royal Spring Palace, Tianjin Spring Royal Palace, Chengdu Xinyuan City, and Zhengzhou International New City III. Xinyuan stock hit $4.12, a 52-week high, on February 17, 2021. It expects to reach a target of $6.9 in the next 12 months.
A luxurious life
In the downtown city highlands, Zhengzhou, Zhengzhou International New City III benefits from all luxuries and conveniences of a busy city. The occupants can avail themselves of amenities like high-quality property management services during their stay at Zhengzhou International New City III.
Located in Zhangqiu city center, Jinan Royal Spring Palace is one of the best residential properties in Jinan. It is close to Mingshui Ancient City and surrounded by Yanming Springs, Baimai Springs, and parks.
Jinan Royal Spring Palace is also near the public bus lines 11 and 3 and Zhangqiu Railway Station. The residents of this property can enjoy a quality lifestyle while availing themselves of the convenience of commercial, medical, and educational facilities.
Chengdu Xinyuan City is situated at 800 meters distance from Xinyuan City. Amid the natural resources and the convenience of restaurants and shopping malls, Pi Du District, Chengdu based property comfort and convenience for the tenants to lead a quality life. The property is close to Cuckoo Park, Municipal Park, Medi River, and Chuangzhi Park.
Situated at a distance of 2 kilometers on the eastern side of south 3rd Ring Road and Songshan South Road intersection, Zhengzhou Fancy City II is a high-end, ecological, and livable city. It is also close to commercial facilities and educational institutions.
Its other property – Tianjin Spring Royal Palace, is located near to Beijing-Tianjin intercity railway.
Xinyuan checked all the five properties using industry-qualified inspectors and handed them over to the clients.