SouFun Holdings Limited (ADR) (NYSE:SFUN)
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SouFun Holdings Limited (ADR)
SouFun Holdings Limited (ADR)
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China + Real Estate + Internet = Rocket to the moon
Recently IPO'd at $26 and did not start trading until it hit $73.
Since there is no financial track record or info in English about this company, I asked my Chinese friend about it. She told me it was very comprehensive in covering real estate listings in many cities in China. Later I found out it is one of the top 50 most visited internet sites in China.
I have no idea about earnings or upcoming opportunities. I just think I am in the right spot at the right time.