A residential real estate developer that focuses on Tier II cities in China, Xinyuan Real Estate Co., Ltd., filed for an IPO Friday. The company has not yet decided on terms. Merrill Lynch is the lead manager on the deal.

A residential real estate developer that focuses on Tier II cities in China, Xinyuan Real Estate Co., Ltd., filed for an IPO Friday. The company has not yet decided on terms. Merrill Lynch is the lead manager on the deal.