NEW YORK, Oct. 19, 2015 /PRNewswire/ -- Kirin International Holding, Inc. (OTCBB: KIRI) closed at $5.10 on October 16th, representing the first down trading session of the last 9. Trading volume was 447,620 which was the also the first significant decline in volume in the last 9 trading sessions. KIRI shares had an 88% jump in price last month that lasted a week before retreating. In the past two weeks the price has increased an amazing 167%.
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About Kirin International Holding, Inc.
Kirin is a Nevada corporation that operates through its wholly-owned subsidiary, Kirin China, a non-state-owned real estate development company focused on residential and commercial real estate development in "tier-three" cities in the People's Republic of China ("PRC"). Kirin China's projects are currently concentrated in Hebei Province of the PRC, primarily in the city of Xingtai, and nearby regions.
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.