Xinyuan Real Estate shares rise 4.15% intraday after announcing a spin-off of PRC real estate operations.

Tuesday, May 27, 2025 2:01 pm ET1min read
XIN--
Xinyuan Real Estate Co., Ltd. rose 4.15% in intraday trading, with the company announcing a spin-off of its PRC real estate development operations. The spin-off is expected to complete by December 15, 2025, subject to relevant approvals, and existing shareholders will receive shares of Xin SpinCo on a pro-rata basis through an in-kind dividend.

Xinyuan Real Estate shares rise 4.15% intraday after announcing a spin-off of PRC real estate operations.

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