Yuan swings hurt Chinese developers, but hedging can hurt more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
Despite suffering huge foreign exchange losses due to unexpected yuan devaluation in the past year,...<\/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-10502","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\/p75ss1-2Jo","jetpack-related-posts":[{"id":111231,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/strong-sales-mean-yuan-depreciation-is-not-a-problem-for-chinese-developers-with-foreign-debts-moodys-says\/","url_meta":{"origin":10502,"position":0},"title":"Strong sales mean yuan depreciation is not a problem for Chinese developers with foreign debts, Moody\u2019s says","date":"October 1, 2019","format":false,"excerpt":"\r Most Chinese property developers could withstand anything up to a 10 per cent depreciation in the yuan, because resilient sales will offset the cost of foreign debts, according to Moody\u2019s Investors Service.While home sales improved in the past two months in mainland China, not many developers were issuing bonds\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95483,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developers-squeezed-by-weaker-yuan-rising-cost-of-overseas-debt\/","url_meta":{"origin":10502,"position":1},"title":"Chinese property developers squeezed by weaker yuan, rising cost of overseas debt","date":"August 6, 2018","format":false,"excerpt":"\r Many Chinese developers turned to foreign markets to raise working capital earlier this year when regulators introduced a slew of measures to limit borrowing at home. Now, the sharp depreciation of the yuan is threatening to derail that funding lifeline by making it far more costly to service debt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weakening-yuan-piles-pressure-on-highly-indebted-chinese-property-developers\/","url_meta":{"origin":10502,"position":2},"title":"Weakening yuan piles pressure on highly indebted Chinese property developers","date":"September 2, 2019","format":false,"excerpt":"\r Chinese builders \u2013 already struggling with a stagnant housing market and several rounds of tightening credit control measures \u2013 now have to deal with a falling yuan amid increasing offshore debt.The yuan weakened by 3.84 per cent in August, the biggest monthly loss since January 1994. It also broke\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1821,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-with-large-offshore-debts-will-come-under-pressure-from-falling-yuan\/","url_meta":{"origin":10502,"position":3},"title":"Chinese developers with large offshore debts will come under pressure from falling yuan","date":"January 18, 2016","format":false,"excerpt":"\r Chinese property developers with significant exposure to offshore debt markets will come under added stress if the weakness in the yuan\u2019s exchange rates is prolonged, says ratings agency Standard & Poor\u2019s.\r \r Source : South China Morning Post\r Read more...Chinese developers with large offshore debts will come under pressure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-magnate-sun-hongbin-says-his-15-billion-yuan-leeco-bailout-brought-tears-to-his-eyes\/","url_meta":{"origin":10502,"position":4},"title":"Chinese magnate Sun Hongbin says his 15 billion yuan LeEco bailout brought tears to his eyes","date":"September 1, 2017","format":false,"excerpt":"\r Sun Hongbin is nothing if not indefatigable. The real estate magnate, exonerated from a four-year jail sentence for embezzlement, sprang back to build Sunac China over a decade into one of the country\u2019s most aggressive asset buyers and biggest property developers. Sunac bought more than a dozen theme parks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8624,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lesson-learnt-chinese-developers-build-up-currency-defence\/","url_meta":{"origin":10502,"position":5},"title":"Lesson learnt, Chinese developers build up currency defence","date":"March 20, 2016","format":false,"excerpt":"\r Unexpected yuan depreciation last year resulted in huge foreign exchange losses for Chinese developers with heavy exposure to bonds denominated in US dollar, but their situation may improve this year as these companies are tapping the domestic bond market and taking measu\r \r Source : South China Morning Post\r\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\/10502"}],"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=10502"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10502\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}