{"id":118737,"date":"2020-09-25T21:55:45","date_gmt":"2020-09-25T14:55:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-developer-china-evergrande-gets-approval-to-spin-off-property-management-business-raise-fresh-capital-in-hong-kong\/"},"modified":"2020-09-25T22:06:09","modified_gmt":"2020-09-25T15:06:09","slug":"indebted-developer-china-evergrande-gets-approval-to-spin-off-property-management-business-raise-fresh-capital-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-developer-china-evergrande-gets-approval-to-spin-off-property-management-business-raise-fresh-capital-in-hong-kong\/","title":{"rendered":"Indebted developer China Evergrande gets approval to spin off property management business, raise fresh capital in Hong Kong"},"content":{"rendered":"


\nIndebted mainland property developer China Evergrande said on Friday it had received approval from the Hong Kong exchange to spin off its property management business, which would allow it to raise fresh capital.The Shenzhen-based company, China\u2019s biggest property developer, made the proposal on July 31 and will soon apply to list the business in Hong Kong, according to a filing with the exchange late on Friday.The spin off could help Evergrande raise up to HK$40 billion (US$5.2 billion),\u2026
\n
\nSource : South China Morning Post
\nRead more…Indebted developer China Evergrande gets approval to spin off property management business, raise fresh capital in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Indebted mainland property developer China Evergrande said on Friday it had received approval from the...<\/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-118737","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-uT7","jetpack-related-posts":[{"id":125585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-halts-trading-of-its-stock-and-subsidiaries-rising-expectations-of-an-overhaul-in-the-worlds-most-indebted-developer\/","url_meta":{"origin":118737,"position":0},"title":"Evergrande halts trading of its stock and subsidiaries, rising expectations of an overhaul in the world\u2019s most indebted developer","date":"March 21, 2022","format":false,"excerpt":"\r Trading was halted for the shares of China Evergrande Group and two of its units on the Hong Kong stock exchange on Monday, raising expectations of an impending announcement in the restructuring of the world\u2019s most indebted property developer.Evergrande\u2019s shares were halted along with the stock of the Evergrande\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125599,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-to-delay-2021-results-due-to-unfinished-audit-and-efforts-to-overhaul-worlds-most-indebted-developer\/","url_meta":{"origin":118737,"position":1},"title":"China Evergrande to delay 2021 results due to unfinished audit and efforts to overhaul world\u2019s most indebted developer","date":"March 22, 2022","format":false,"excerpt":"\r China Evergrande Group said it would delay the release of its 2021 financial results, as the world\u2019s most indebted developer engages with investors to overhaul a sprawling business with 1.97 trillion yuan (US$310 billion) in liabilities.Evergrande said it would not be able to publish its 2021 financial results by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hong-kong-banks-report-third-quarter-results-as-concerns-swirl-over-worlds-most-indebted-developer\/","url_meta":{"origin":118737,"position":2},"title":"Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world\u2019s most indebted developer","date":"October 25, 2021","format":false,"excerpt":"\r Investors will be looking for any warning signs in the mainland lending portfolios of Hong Kong\u2019s banks as they prepare to report their third-quarter results against the backdrop of rising concerns about China Evergrande Group\u2019s debt crisis and its potential effects on China\u2019s property sector.HSBC will be the first\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122343,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-property-management-arms-shares-suspended-from-trading-in-hong-kong\/","url_meta":{"origin":118737,"position":3},"title":"Evergrande, property management arm\u2019s shares suspended from trading in Hong Kong","date":"October 4, 2021","format":false,"excerpt":"\r China Evergrande Group, the world\u2019s most indebted property developer, and its property management arm had their shares suspended from trading on Monday morning in Hong Kong.It was not immediately clear why the embattled developer\u2019s shares were suspended.A regulatory filing with the Hong Kong stock exchange only said that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142101,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-ordered-to-liquidate-as-hong-kong-high-court-approves-creditors-bid-to-wind-up-worlds-most-indebted-property-developer\/","url_meta":{"origin":118737,"position":4},"title":"Evergrande ordered to liquidate as Hong Kong High Court approves creditors\u2019 bid to wind up world\u2019s most indebted property developer","date":"January 29, 2024","format":false,"excerpt":"\r The lawsuit was initiated in June 2022 by Lin Ho-man\u2019s Top Shine Global, which was trying to recover HK$862.5 million (US$110.4 million) from a botched investment in Evergrande made in March 2021.\r \r Source : South China Morning Post\r Read more...Evergrande ordered to liquidate as Hong Kong High Court\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124409,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long\/","url_meta":{"origin":118737,"position":5},"title":"China Evergrande seeks legal recourse after creditor Oaktree seized indebted developer\u2019s Versailles-like project in Yuen Long","date":"January 30, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s Palace of Versailles-like project in Yuen Long \u2013 used as a collateral to restructure part of the company\u2019s massive debt \u2013 was recently seized by creditor Oaktree Capital, which has appointed receivers for the asset.The Shenzhen-based developer, which is saddled with US$310 billion in total liabilities,\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\/118737"}],"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=118737"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118737\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}