{"id":106492,"date":"2019-04-24T05:45:10","date_gmt":"2019-04-23T22:45:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-jiayuan-is-stuck-in-the-build-to-borrow-cycle\/"},"modified":"2019-04-24T07:08:34","modified_gmt":"2019-04-24T00:08:34","slug":"mainland-developer-jiayuan-is-stuck-in-the-build-to-borrow-cycle","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-jiayuan-is-stuck-in-the-build-to-borrow-cycle\/","title":{"rendered":"Mainland developer Jiayuan is \u2018stuck\u2019 in the build-to-borrow cycle"},"content":{"rendered":"


\nMainland 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 Kong, was granted its line of credit from four institutions, \u00adBaoshang Bank, Daye Trust, \u00adGuotong Trust and AVIC Trust.The financing includes private placement notes\u2026
\n
\nSource : South China Morning Post
\nRead more…Mainland developer Jiayuan is \u2018stuck\u2019 in the build-to-borrow cycle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mainland developer Jiayuan International was able to secure a credit line worth more than 43...<\/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-106492","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-rHC","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":106492,"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":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":106492,"position":1},"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":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":106492,"position":2},"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":103178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jiayuan-share-crash-coincided-with-selling-by-chairman-and-his-wife-disclosure-shows\/","url_meta":{"origin":106492,"position":3},"title":"Jiayuan share crash coincided with selling by chairman and his wife, disclosure shows","date":"January 22, 2019","format":false,"excerpt":"\r A 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. Jiayuan International Group chairman Shum Tin Ching and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/micro-home-developer-says-it-will-relaunch-stalled-tuen-mun-project-next-month\/","url_meta":{"origin":106492,"position":4},"title":"\u2018Micro home\u2019 developer says it will relaunch stalled Tuen Mun project next month","date":"March 28, 2019","format":false,"excerpt":"\r Mainland developer Jiayuan International says it will relaunch its \u201cmicro home\u201d residential building in Tuen Mun around the middle of April, offering few details apart from a pledge to give homebuyers a \u201csurprise\u201d in the project, which remains 99 per cent unsold.Analysts said prices at the 356-flat T Plus,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-of-some-of-hong-kongs-smallest-abodes-may-have-sold-at-a-loss-just-to-clear-the-flats-off-its-books-to-avoid-vacancy-tax\/","url_meta":{"origin":106492,"position":5},"title":"Developer of some of Hong Kong\u2019s smallest abodes may have sold at a loss just to clear the flats off its books to avoid vacancy tax","date":"July 17, 2019","format":false,"excerpt":"\r Mainland property developers that arrived late to Hong Kong are discovering not everything always ends well when it comes to risk taking in the world\u2019s least affordable market for home ownership.Chinese developer Jiayuan International Group appears on track for a slim profit or even a loss in its first\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\/106492"}],"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=106492"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106492\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}