Xinyuan Real Estate Issues New Shares in Strategic Agreement
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Xinyuan Real Estate Co. has announced a subscription agreement with Juicy Seasons Limited, resulting in the issuance of 12,028,260 common shares at $0.0934 each. This transaction, executed under exemptions from registration, may affect the company's financial structure and shareholder composition. Xinyuan focuses on residential property development in China, managing large-scale projects to meet urban demand. Current market cap stands at €12.13M, with a technical sentiment signal indicating a 'Sell' recommendation.
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