/DISREGARD RELEASE: Xinyuan Real Estate Co., Ltd./

Rhea-AI Summary

Xinyuan Real Estate Co., Ltd. has requested that journalists and readers ignore a previous news release dated July 6, 2020, which announced the launch of a proposed follow-on offering for its property management subsidiary.

AI-generated analysis. Not financial advice.

News Market Reaction – XIN

+1.32%

1 alert

+1.32% News Effect

On the day this news was published, XIN gained 1.32%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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We are advised by Xinyuan Real Estate Co., Ltd. that journalists and other readers should disregard the news release, Xinyuan Real Estate Announces Launch of Proposed Follow-on Offering of Property Management Subsidiary, issued 06-Jul-2020 over PR Newswire.

SOURCE Xinyuan Real Estate Co., Ltd.

FAQ

What did Xinyuan Real Estate announce on July 6, 2020?

Xinyuan Real Estate initially announced a proposed follow-on offering for its property management subsidiary.

What should readers do regarding the July 6, 2020, press release from Xinyuan Real Estate?

Readers should disregard the July 6, 2020, press release.

Who issued the press release that Xinyuan Real Estate wants readers to ignore?

The press release was issued by Xinyuan Real Estate Co., Ltd.