{"id":110403,"date":"2019-09-02T08:00:17","date_gmt":"2019-09-02T01:00:17","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/weakening-yuan-piles-pressure-on-highly-indebted-chinese-property-developers\/"},"modified":"2019-09-02T08:03:06","modified_gmt":"2019-09-02T01:03:06","slug":"weakening-yuan-piles-pressure-on-highly-indebted-chinese-property-developers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weakening-yuan-piles-pressure-on-highly-indebted-chinese-property-developers\/","title":{"rendered":"Weakening yuan piles pressure on highly indebted Chinese property developers"},"content":{"rendered":"


\nChinese 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 through the key level of 7 yuan per US dollar, after US President Donald Trump announced that he would slap import tariffs of 15 per cent on an additional tranche of goods that will ultimately cover\u2026
\n
\nSource : South China Morning Post
\nRead more…Weakening yuan piles pressure on highly indebted Chinese property developers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese builders \u2013 already struggling with a stagnant housing market and several rounds of tightening...<\/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-110403","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-sIH","jetpack-related-posts":[{"id":135127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-cifi-looks-to-offload-prized-shanghai-commercial-property-assets-after-1-5-billion-yuan-bond-fails-to-take-off\/","url_meta":{"origin":110403,"position":0},"title":"Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off","date":"March 9, 2023","format":false,"excerpt":"\r Chinese property developer CIFI Holdings is looking to sell its crown-jewel assets in Shanghai, including its headquarters, after its state-guaranteed yuan bond issuance hit a snag.\r \r Source : South China Morning Post\r Read more...Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":110403,"position":1},"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":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":110403,"position":2},"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":124104,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-four-grandiose-projects-that-sum-up-indebted-chinese-developers-reckless-expansion\/","url_meta":{"origin":110403,"position":3},"title":"Evergrande crisis: four grandiose projects that sum up indebted Chinese developer\u2019s \u2018reckless expansion\u2019","date":"January 5, 2022","format":false,"excerpt":"\r China Evergrande is lurching from one crisis to another. From its home delivery snag to ongoing debt repayment troubles, more than US$52 billion of market value has been erased from the slump in its two flagship entities in Hong Kong over the past 12 months.The group had 1.97 trillion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/yuan-swings-hurt-chinese-developers-but-hedging-can-hurt-more\/","url_meta":{"origin":110403,"position":4},"title":"Yuan swings hurt Chinese developers, but hedging can hurt more","date":"April 12, 2016","format":false,"excerpt":"\r Despite suffering huge foreign exchange losses due to unexpected yuan devaluation in the past year, Chinese developers are still divided on hedging options because of their restrictively high cost.\r \r Source : South China Morning Post\r Read more...Yuan swings hurt Chinese developers, but hedging can hurt more","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":110403,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110403"}],"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=110403"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}