{"id":102668,"date":"2019-01-03T18:23:37","date_gmt":"2019-01-03T11:23:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisas-xian-fallout-highlights-shanty-town-redevelopment-risks\/"},"modified":"2019-01-03T19:04:20","modified_gmt":"2019-01-03T12:04:20","slug":"chinese-developer-kaisas-xian-fallout-highlights-shanty-town-redevelopment-risks","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisas-xian-fallout-highlights-shanty-town-redevelopment-risks\/","title":{"rendered":"Chinese developer Kaisa\u2019s Xian  fallout highlights shanty town redevelopment risks"},"content":{"rendered":"<p>&#013;<br \/>\nShares of mainland Chinese developer Kaisa Group Holdings tumbled another 4.3 per cent on Thursday after a 7.2 per cent drop a day earlier as it faces losing its investment in an urban redevelopment project in northern Xian city, highlighting the inherent risks in such deals.<br \/>\nThe Shenzhen-based developer has invested more than 1 billion yuan (US$150 million) in the project to transform a shanty town into a residential estate before a local developer Xian Xingzhengyuan, which Kaisa is fighting&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/2180579\/chinese-developer-kaisas-xian-fallout-highlights-shanty-town\" target=\"_blank\">Chinese developer Kaisa\u2019s Xian  fallout highlights shanty town redevelopment risks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Shares of mainland Chinese developer Kaisa Group Holdings tumbled another 4.3 per cent on Thursday&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-102668","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qHW","jetpack-related-posts":[{"id":102648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-its-us150-million-xian-development-project-is-at-risk-over-dispute-with-local-developer-xingzhengyuan\/","url_meta":{"origin":102668,"position":0},"title":"Kaisa says its US$150 million Xi\u2019an development project is at risk over dispute with local developer Xingzhengyuan","date":"January 3, 2019","format":false,"excerpt":"\r Kaisa Group Holdings faces losing its entire investment of almost US$150 million in a key urban redevelopment project, underscoring the vagaries in China\u2019s property market. The Shenzhen-based home builder, which gained notoriety in 2015 when it became the first developer from the nation to default on US dollar debt,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisa-soars-26pc-as-hong-kong-tycoon-laus-family-investment-boosts-confidence\/","url_meta":{"origin":102668,"position":1},"title":"Chinese developer Kaisa soars 26pc as Hong Kong tycoon Lau\u2019s family investment boosts confidence","date":"September 21, 2017","format":false,"excerpt":"\r Shares of Chinese property developer Kaisa Group soared 26 per cent on Thursday morning after it was revealed that tycoon Joseph Lau\u2019s family has invested nearly US$1.2 billion in the company\u2019s offshore debts. Lau\u2019s family, led by his wife Kimbie Chan Hoi-wan, along with their company, Chinese Estates, and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-debt-restructuring-plan-gains-support-from-over-80-per-cent-of-overseas-creditors\/","url_meta":{"origin":102668,"position":2},"title":"Kaisa\u2019s debt restructuring plan  gains support from over 80 per cent of overseas creditors","date":"March 18, 2016","format":false,"excerpt":"\r Troubled Chinese developer Kaisa Group, which has been struggling to restructure its debt after defaulting on US dollar bonds, said it has won support from investors representing more than 80 per cent of its offshore debt claims.\r \r Source : South China Morning Post\r Read more...Kaisa\u2019s debt restructuring plan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123831,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-desperate-offshore-bondholders-offer-to-buy-us1-billion-worth-of-its-onshore-loans-in-latest-bid-to-rescue-embattled-developer\/","url_meta":{"origin":102668,"position":3},"title":"Kaisa\u2019s desperate offshore bondholders offer to buy US$1 billion worth of its onshore loans in latest bid to rescue embattled developer","date":"December 16, 2021","format":false,"excerpt":"\r The desperate offshore bondholders of embattled Chinese developer Kaisa Group Holdings have offered to buy up to a US$1 billion worth of its onshore non-performing loans in the hope of bailing it out.New Money Consortium, a group of eight institutions holding more than US$2.5 billion worth of Kaisa\u2019s US\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125747,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-ridden-developer-kaisas-bonds-edge-up-after-firm-says-it-has-signed-joint-venture-agreement-with-state-owned-builder-bad-asset-manager\/","url_meta":{"origin":102668,"position":4},"title":"Debt-ridden developer Kaisa\u2019s bonds edge up after firm says it has signed joint venture agreement with state-owned builder, bad asset manager","date":"April 6, 2022","format":false,"excerpt":"\r Bonds of embattled Chinese property developer Kaisa Group Holdings edged up on Wednesday after the company said it had entered into a strategic partnership with a state-owned developer and a major bad asset manager.\r \r Source : South China Morning Post\r Read more...Debt-ridden developer Kaisa\u2019s bonds edge up after\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-debt-restructuring-passes-critical-stage\/","url_meta":{"origin":102668,"position":5},"title":"Kaisa\u2019s debt restructuring passes critical stage","date":"May 23, 2016","format":false,"excerpt":"\r Kaisa Group, the Shenzhen-based property developer which defaulted on its US dollar-denominated bonds, has reached a milestone in its yearlong debt restructuring negotiations after a plan was formally approved by bondholders.\r \r Source : South China Morning Post\r Read more...Kaisa\u2019s debt restructuring passes critical stage","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102668"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=102668"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/102668\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=102668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=102668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=102668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}