{"id":118875,"date":"2020-10-09T17:00:13","date_gmt":"2020-10-09T10:00:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears\/"},"modified":"2020-10-09T17:02:50","modified_gmt":"2020-10-09T10:02:50","slug":"china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears\/","title":{"rendered":"China Evergrande\u2019s 30-per cent discounts get world\u2019s most indebted developer within sight of sales goal, allay cash crunch fears"},"content":{"rendered":"


\nChina Evergrande Group said a nationwide marketing campaign comprising 30-per cent discounts has brought it closer to hitting its ambitious full-year sales goal, as the world\u2019s most indebted property developer pulls out all stops to generate cash to repay debt.The Guangzhou-based developer sold 141.63 billion yuan (US$21.1 billion) of real estate in the 38 days through October 8, including China\u2019s weeklong National Day public holidays, typically a peak spending period. That brought the year\u2019s\u2026
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\nSource : South China Morning Post
\nRead more…China Evergrande\u2019s 30-per cent discounts get world\u2019s most indebted developer within sight of sales goal, allay cash crunch fears<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group said a nationwide marketing campaign comprising 30-per cent discounts has brought it...<\/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-118875","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-uVl","jetpack-related-posts":[{"id":140571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-court-adjourns-evergrandes-winding-up-hearing-until-january-29-giving-worlds-most-indebted-developer-another-reprieve\/","url_meta":{"origin":118875,"position":0},"title":"Hong Kong court adjourns Evergrande\u2019s winding-up hearing until January 29, giving world\u2019s most indebted developer another reprieve","date":"December 4, 2023","format":false,"excerpt":"\r Evergrande proposed a new restructuring plan to swap creditors\u2019 debts for 30 per cent stakes in its Hong Kong-listed subsidiaries and a 17.8 per cent stake, according to Reuters\u2019 report on November 30.\r \r Source : South China Morning Post\r Read more...Hong Kong court adjourns Evergrande\u2019s winding-up hearing until\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-first-half-sales-jump-72-per-cent\/","url_meta":{"origin":118875,"position":1},"title":"China Evergrande\u2019s first-half sales jump 72 per cent","date":"July 4, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest homebuilder, said its first-half contracted sales rose 72 per cent from a year earlier to 244 billion yuan. That\u2019s 54 per cent of the company\u2019s sales target of 450 billion yuan for the year. Evergrande achieved sales of 61.1 billion yuan in June,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-bonds-of-evergrandes-flagship-go-on-restricted-trading-after-ratings-cut-in-latest-woe-to-befall-indebted-developer\/","url_meta":{"origin":118875,"position":2},"title":"Nine bonds of Evergrande\u2019s flagship go on restricted trading after ratings cut in latest woe to befall indebted developer","date":"September 16, 2021","format":false,"excerpt":"\r Trading restrictions were placed on nine onshore bonds sold by China Evergrande Group\u2019s flagship property unit, after a local credit rating agency slashed the debts\u2019 creditworthiness, deepening the woes for the world\u2019s most indebted real estate developer.Three yuan-denominated bonds valued at 28.2 billion yuan (US$4.4 billion) issued by Evergrande\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121253,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/short-sellers-double-bets-against-china-evergrandes-bonds\/","url_meta":{"origin":118875,"position":3},"title":"Short sellers double bets against China Evergrande\u2019s bonds","date":"August 4, 2021","format":false,"excerpt":"\r Investor sentiment sours further against hugely indebted property developer facing cash crunch\r \r Source : ft.com\r Read more...Short sellers double bets against China Evergrande\u2019s bonds","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-us6-6b-bond-rattles-markets-prompts-round-of-head-scratching\/","url_meta":{"origin":118875,"position":4},"title":"China Evergrande\u2019s US$6.6b bond rattles markets, prompts round of head-scratching","date":"June 29, 2017","format":false,"excerpt":"\r China Evergrande Group has come under the spotlight after it issued a US$6.6 billion bond last week, the largest US dollar bond ever completed in Asia, even as the debt-laden property giant has vowed to deleverage. Evergrande, the country\u2019s largest, yet most indebted developer with a debt-equity ratio over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122017,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-home-price-growth-weakens-to-eight-month-low-on-cooling-measures-while-evergrandes-struggles-keep-buyers-away\/","url_meta":{"origin":118875,"position":5},"title":"China\u2019s home-price growth weakens to eight-month low on cooling measures while Evergrande\u2019s struggles keep buyers away","date":"September 15, 2021","format":false,"excerpt":"\r China\u2019s home prices grew at the slowest pace in the past eight months in August, as buying confidence took a hit from the government\u2019s cooling measures.Troubles at China Evergrande Group, the world\u2019s most indebted developer, which is struggling to complete its housing projects, also weighed on sentiment.The average price\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\/118875"}],"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=118875"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118875\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}