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The latest update is out from Xinyuan Real Estate Co ( (XIN) ).
On April 14, 2025, Xinyuan Real Estate Co., Ltd. faced an involuntary Chapter 11 bankruptcy petition filed against it in the United States Bankruptcy Court for the Southern District of New York. By April 21, 2025, the company reached a settlement agreement with the petitioning creditors, agreeing to request a suspension of proceedings for 14 days. This settlement, contingent on certain conditions, aims to dismiss the Chapter 11 case, indicating the company’s efforts to stabilize its financial situation. Additionally, Xinyuan plans to restructure its debt obligations and is preparing to file its Annual Report for the Financial Year 2024 later in April, reflecting its ongoing commitment to financial transparency and restructuring.
More about Xinyuan Real Estate Co
Xinyuan Real Estate Co., Ltd. operates in the real estate industry, focusing on residential property development and management in China. The company is known for its comprehensive real estate services and has a significant market presence in urban areas across China.
YTD Price Performance: -42.18%
Average Trading Volume: 18,254
Technical Sentiment Signal: Buy
Current Market Cap: $10.23M
Find detailed analytics on XIN stock on TipRanks’ Stock Analysis page.
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