{"id":115166,"date":"2020-03-26T17:00:10","date_gmt":"2020-03-26T10:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-including-poly-property-china-resources-accelerate-sales-to-shore-up-cash-flow-to-minimise-impact-of-covid-19\/"},"modified":"2020-03-26T18:06:07","modified_gmt":"2020-03-26T11:06:07","slug":"mainland-developers-including-poly-property-china-resources-accelerate-sales-to-shore-up-cash-flow-to-minimise-impact-of-covid-19","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-including-poly-property-china-resources-accelerate-sales-to-shore-up-cash-flow-to-minimise-impact-of-covid-19\/","title":{"rendered":"Mainland developers including Poly Property, China Resources accelerate sales to shore up cash flow to minimise impact of Covid-19"},"content":{"rendered":"


\nSome of China\u2019s biggest developers are set to accelerate sales and shorten their construction cycles to shore up cash flow in response to the economic fallout from the Covid-19 outbreak.Four mainland Chinese builders reported higher profit growth for 2019 on Thursday, but said they are braced for hard times ahead as the deadly epidemic squashes market demand. Many property developers have seen sales plummet in the first two months of 2020.Poly Property Group, whose property sales fell 25.6 per\u2026
\n
\nSource : South China Morning Post
\nRead more…Mainland developers including Poly Property, China Resources accelerate sales to shore up cash flow to minimise impact of Covid-19<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some of China\u2019s biggest developers are set to accelerate sales and shorten their construction cycles...<\/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-115166","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-tXw","jetpack-related-posts":[{"id":171204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-henderson-land-trims-dividend-as-iran-mainland-china-cloud-outlook\/","url_meta":{"origin":115166,"position":0},"title":"Hong Kong\u2019s Henderson Land trims dividend as Iran, mainland China cloud outlook","date":"March 23, 2026","format":false,"excerpt":"\r Major Hong Kong developers Henderson Land Development and Kerry Properties both reported mixed 2025 results, with stronger home sales partly offsetting softer rental income and a subdued commercial property market. The earnings underscored how the city\u2019s developers are shifting focus towards projects that can still generate cash flow, mainly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-state-backed-developers-coli-poly-property-book-smaller-profits-as-three-red-lines-stokes-worst-rout-in-home-sales-since-1998\/","url_meta":{"origin":115166,"position":1},"title":"Chinese state-backed developers COLI, Poly Property book smaller profits as \u2018three red lines\u2019 stokes worst rout in home sales since 1998","date":"August 24, 2022","format":false,"excerpt":"\r Covid-19 lockdowns, \u2018three red lines\u2019 policy and other economic challenges contributed to weaker profits amid the housing industry\u2019s worst slump since 1998.\r \r Source : South China Morning Post\r Read more...Chinese state-backed developers COLI, Poly Property book smaller profits as \u2018three red lines\u2019 stokes worst rout in home sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-debt-laden-developers-offer-discounts-and-giveaways-to-sell-more-flats-to-boost-cash-flow\/","url_meta":{"origin":115166,"position":2},"title":"China\u2019s debt-laden developers offer discounts and giveaways to sell more flats to boost cash flow","date":"September 26, 2018","format":false,"excerpt":"\r China\u2019s property developers are aggressively ramping up marketing efforts to sell more flats to boost cash flow as buyers in the biggest mainland cities are in no hurry to make purchases in the current market slump. Developers in first-tier Chinese cities have adopted numerous marketing tactics to capitalise on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-take-redevelopment-route-to-shore-up-hong-kong-land-bank-as-they-fail-to-win-government-tenders\/","url_meta":{"origin":115166,"position":3},"title":"Mainland Chinese developers take redevelopment route to shore up Hong Kong land bank as they fail to win government tenders","date":"February 27, 2019","format":false,"excerpt":"\r Mainland Chinese builders appear to be shifting their Hong Kong land bank strategy by acquiring old buildings for redevelopment, as fierce competition and Beijing\u2019s capital outflow restrictions make it difficult to secure plots in government tenders.Last year, they submitted 39 compulsory en-bloc sale applications to Hong Kong\u2019s Lands Tribunal,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-are-returning-to-hong-kong-land-tenders-as-loss-of-appetite-among-local-rivals-brings-prices-down\/","url_meta":{"origin":115166,"position":4},"title":"Mainland Chinese developers are returning to Hong Kong land tenders as loss of appetite among local rivals brings prices down","date":"January 27, 2020","format":false,"excerpt":"\r More mainland Chinese developers will return to the Hong Kong land market as it becomes easier to outbid their local rivals who are holding back amid the city\u2019s gloomy economic outlook, say industry experts.They have already won three government tenders for sites in the current financial year, without having\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46993,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-to-push-sales-after-record-land-purchases-by-mainland-rivals\/","url_meta":{"origin":115166,"position":5},"title":"Hong Kong developers to push sales after record land purchases by mainland rivals","date":"March 7, 2017","format":false,"excerpt":"\r Hong Kong developers will be the major beneficiary of recent government land sold for shockingly high prices to mainland rivals as they take advantage of positive market sentiment to cash in on the sales upswing. Sales of new homes saw a week-on-week increase of 70 per cent over March\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\/115166"}],"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=115166"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115166\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}