Boston, MA 04/28/2014 (wallstreetpr) – One of the biggest internet portals of China, SouFun Holdings Limited (NYSE:SFUN ) is all set to made unaudited financial results of first quarter public, just before the USA market opens on May 7th, 2014. The management team of SouFun Holdings will also host a conference call on the same day, which will be telecasted in the USA, and America together. Once the conference call gets over, the replay of the call will be available for all the users. In case anyone misses this conference call, he can log in to the official website of the company and play the recording of this call.
Background of SouFun Holdings
SouFun Holdings Limited (NYSE:SFUN ) is the largest real estate website of China in terms of yearly traffic recorded in the previous year. China’s real estate industry is undoubtedly one of the best places to invest, and this website provides distinct information like listing of properties, and e-commerce services. Currently, this website has more than 100 offices and covering more than 320 cities of China with the prime focus on user satisfaction and ease of use. Company seeks to invest a significant amount to understand the needs of the local market.
China is one of the few emerging countries of the world which has very large real estate industry. Chinese government, as well as other countries, are taking a keen interest in the economy of China. This is the main reason why online real estate websites like SouFun are growing at a rapid rate.
As the results announcements date is inching nearer with each day, the movements in cSouFun Holdings Limited (NYSE:SFUN ) ‘s shares can be seen easily. If results are good then company can expect a decent hike in its stoke price in a week’s time. The results of the first quarter will surely determine the pace with which company will progress in months to come.
