{"id":103178,"date":"2019-01-22T13:24:03","date_gmt":"2019-01-22T06:24:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/jiayuan-share-crash-coincided-with-selling-by-chairman-and-his-wife-disclosure-shows\/"},"modified":"2019-01-22T14:04:40","modified_gmt":"2019-01-22T07:04:40","slug":"jiayuan-share-crash-coincided-with-selling-by-chairman-and-his-wife-disclosure-shows","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jiayuan-share-crash-coincided-with-selling-by-chairman-and-his-wife-disclosure-shows\/","title":{"rendered":"Jiayuan share crash coincided with selling by chairman and his wife, disclosure shows"},"content":{"rendered":"


\nA Hong Kong developer, who holds the record for some of the smallest abodes built in the city, lost more than 80 per cent of its market value last week after a massive sell-off led by its chairman and his wife.
\nJiayuan International Group chairman Shum Tin Ching and his wife Wang Xinmei sold a combined 93.62 million shares on Thursday at an average price of HK$2.7, according to a Hong Kong stock exchange filing on Monday.
\nThat accounts for 26 per cent of the trading volume on Thursday, and…
\n
\nSource : South China Morning Post
\nRead more…Jiayuan share crash coincided with selling by chairman and his wife, disclosure shows<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A Hong Kong developer, who holds the record for some of the smallest abodes built...<\/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-103178","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-qQa","jetpack-related-posts":[{"id":110248,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developer-jiayuan-says-hong-kong-micro-flats-profitable-despite-price-cuts-reports-23-per-cent-rise-in-interim-profit\/","url_meta":{"origin":103178,"position":0},"title":"Mainland Chinese developer Jiayuan says Hong Kong micro flats profitable despite price cuts, reports 23 per cent rise in interim profit","date":"August 27, 2019","format":false,"excerpt":"\r The mainland Chinese property developer behind Hong Kong\u2019s smallest micro flats ever \u2013 smaller than a car park at 128 sq ft \u2013 said the development was profitable even after it cut prices by as much as 38 per cent to as low as HK$1.73 million (US$220,514) per unit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141281,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-of-hong-kong-micro-flats-jiayuan-gets-closer-to-liquidation-after-buyers-shunned-parking-space-sized-homes\/","url_meta":{"origin":103178,"position":1},"title":"Developer of Hong Kong micro flats Jiayuan gets closer to liquidation after buyers shunned parking-space-sized homes","date":"January 11, 2024","format":false,"excerpt":"\r The company got buzz with the launch of flats as small as 131 sq ft in 2019, but poor sales and record high interest rates weighed on its debts.\r \r Source : South China Morning Post\r Read more...Developer of Hong Kong micro flats Jiayuan gets closer to liquidation after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-jiayuan-and-subsidiarys-shares-suspended-after-stock-pledge-to-shk-finance-moodys-rating-downgrade\/","url_meta":{"origin":103178,"position":2},"title":"Chinese developer Jiayuan and subsidiary\u2019s shares suspended after stock pledge to SHK Finance, Moody\u2019s rating downgrade","date":"May 18, 2022","format":false,"excerpt":"\r The crash came after a company owned by chairman Shum Tin Ching pledged shares in Jiayuan International and Jiayuan Services to SHK Finance a day after Moody\u2019s downgraded their rating.\r \r Source : South China Morning Post\r Read more...Chinese developer Jiayuan and subsidiary\u2019s shares suspended after stock pledge to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-jiayuan-is-stuck-in-the-build-to-borrow-cycle\/","url_meta":{"origin":103178,"position":3},"title":"Mainland developer Jiayuan is \u2018stuck\u2019 in the build-to-borrow cycle","date":"April 24, 2019","format":false,"excerpt":"\r Mainland developer Jiayuan International was able to secure a credit line worth more than 43 billion yuan (HK$50 billion) to fund expansion, but industry players say the deal only highlights the predicament that forces China\u2019s property firms to keep borrowing.Jiayuan, which co-developed the nano-flat project T Plus in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103052,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jiayuan-crash-underscores-china-property-risks\/","url_meta":{"origin":103178,"position":4},"title":"Jiayuan crash underscores China property risks","date":"January 17, 2019","format":false,"excerpt":"\r Chinese developers have $55bn of onshore debt maturing this year\r \r Source : ft.com\r Read more...Jiayuan crash underscores China property risks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-of-micro-flats-at-t-plus-in-tuen-mun-slashed-by-38-per-cent-as-developer-looks-to-lure-back-buyers\/","url_meta":{"origin":103178,"position":5},"title":"Prices of micro flats at T-Plus in Tuen Mun slashed by 38 per cent as developer looks to lure back buyers","date":"July 5, 2019","format":false,"excerpt":"\r The developer of a micro flat project in Hong Kong has cut the price of flats that are smaller than a car parking space by 38 per cent, after managing to sell only two units during the initial launch in December.Prices were unveiled on Thursday for 36 flats at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103178"}],"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=103178"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103178\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}