{"id":121496,"date":"2021-08-17T17:15:15","date_gmt":"2021-08-17T10:15:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dealing-with-debt-a-time-line-of-how-hui-ka-yans-evergrande-landed-back-in-crisis-mode-with-the-worlds-heaviest-debt-load\/"},"modified":"2021-08-17T18:06:31","modified_gmt":"2021-08-17T11:06:31","slug":"dealing-with-debt-a-time-line-of-how-hui-ka-yans-evergrande-landed-back-in-crisis-mode-with-the-worlds-heaviest-debt-load","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dealing-with-debt-a-time-line-of-how-hui-ka-yans-evergrande-landed-back-in-crisis-mode-with-the-worlds-heaviest-debt-load\/","title":{"rendered":"Dealing with debt: a time line of how Hui Ka-yan\u2019s Evergrande landed back in crisis mode with the world\u2019s heaviest debt load"},"content":{"rendered":"<p>&#013;<br \/>\nThe clock is ticking for China\u2019s most indebted developer to find a way out of a looming credit crunch.This month alone, China Evergrande Group has endured multiple credit-rating downgrades that sent its stock and bonds tumbling, only to see them recover briefly after it confirmed talks to sell some prized assets and as creditors extended liquidity relief to help it pay overdue bills.Here\u2019s a look at other key events over the past few months that have sent Evergrande investors on a wild ride\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3145319\/dealing-debt-time-line-how-hui-ka-yans-evergrande-landed-back?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Dealing with debt: a time line of how Hui Ka-yan\u2019s Evergrande landed back in crisis mode with the world\u2019s heaviest debt load<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The clock is ticking for China\u2019s most indebted developer to find a way out of&#46;&#46;&#46;<\/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-121496","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-vBC","jetpack-related-posts":[{"id":122206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hui-ka-yans-childhood-dreams-fuelled-a-debt-binge-and-audacious-goal-that-has-left-the-world-on-tenterhooks\/","url_meta":{"origin":121496,"position":0},"title":"Evergrande: Hui Ka-yan\u2019s childhood dreams fuelled a debt binge and audacious goal that has left the world on tenterhooks","date":"September 25, 2021","format":false,"excerpt":"\r The first of a three-part series on the China Evergrande Group looks at how the world\u2019s most indebted developer grew to its current size and how it avoided scrutiny when China\u2019s authorities cracked down on debt in 2017.On an overcast Monday in early 2017, Hui Ka-yan chaired a staff\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-is-founder-hui-ka-yans-arrest-related-to-its-chapter-15-bankruptcy-protection-filing\/","url_meta":{"origin":121496,"position":1},"title":"China Evergrande: is founder Hui Ka-yan\u2019s arrest related to its Chapter 15 bankruptcy protection filing?","date":"October 11, 2023","format":false,"excerpt":"\r Is Hui Ka-yan\u2019s sudden \u2018arrest\u2019 related to Evergrande\u2019s Chapter 15 filing? Did he attempt to shield his personal assets from onshore creditors, as speculated by some local media? Here\u2019s what some restructuring experts say about the situation.\r \r Source : South China Morning Post\r Read more...China Evergrande: is founder\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-staunchest-allies-drop-out-as-chinese-property-developers-creditworthiness-deteriorates-amid-debt-woes\/","url_meta":{"origin":121496,"position":2},"title":"Evergrande\u2019s staunchest allies drop out as Chinese property developer\u2019s creditworthiness deteriorates amid debt woes","date":"September 17, 2021","format":false,"excerpt":"\r Two of the property magnate Hui Ka-yan\u2019s staunchest allies appear to be bailing out of China Evergrande Group, selling a large chunk of the developer\u2019s stock ahead of a gathering storm and deteriorating credit ratings over US$300 billion in liabilities.Joseph Lau Luen-hung, the founder of Hong Kong developer Chinese\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-has-no-bullets-left-as-crisis-lights-up-mainland-social-media-about-end-game-for-fallen-billionaire-hui-ka-yan\/","url_meta":{"origin":121496,"position":3},"title":"China Evergrande has \u2018no bullets\u2019 left as crisis lights up mainland social media about end-game for fallen billionaire Hui Ka-yan","date":"September 26, 2023","format":false,"excerpt":"\r Evergrande\u2019s debt plight is lighting up mainland Chinese social media platforms as users debate its ultimate fate. Brock Silvers at Kaiyuan Capital says there is plenty of time on the clock for founder Hui Ka-yan to salvage the situation.\r \r Source : South China Morning Post\r Read more...China Evergrande\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-founder-hui-kayan-vows-to-repay-debt-and-start-new-chapter-on-survival\/","url_meta":{"origin":121496,"position":4},"title":"China Evergrande crisis: founder Hui Kayan vows to repay debt and \u2018start new chapter on survival\u2019","date":"January 3, 2023","format":false,"excerpt":"\r Evergrande founder Hui Kayan has pledged to repay creditors and deliver projects this year in a letter to his employees, saying the company can fulfil its mission if they work together.\r \r Source : South China Morning Post\r Read more...China Evergrande crisis: founder Hui Kayan vows to repay debt\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-huis-arrest-clouds-debt-support-deal-with-offshore-creditors-access-to-assets\/","url_meta":{"origin":121496,"position":5},"title":"Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors, access to assets","date":"September 29, 2023","format":false,"excerpt":"\r China Evergrande\u2019s US$20 billion debt workout plan is at risk of falling apart in the home stretch, as the \u2018arrest\u2019 of Hui Ka-yan clouds the founder\u2019s capacity to deliver his obligations.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121496"}],"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=121496"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121496\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}