{"id":121779,"date":"2021-09-01T17:30:21","date_gmt":"2021-09-01T10:30:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-makes-executives-sign-pledges-to-assure-buyers-that-evergrande-can-deliver-homes-even-with-us305-billion-of-debt\/"},"modified":"2021-09-01T19:05:55","modified_gmt":"2021-09-01T12:05:55","slug":"tycoon-makes-executives-sign-pledges-to-assure-buyers-that-evergrande-can-deliver-homes-even-with-us305-billion-of-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-makes-executives-sign-pledges-to-assure-buyers-that-evergrande-can-deliver-homes-even-with-us305-billion-of-debt\/","title":{"rendered":"Tycoon makes executives sign pledges to assure buyers that Evergrande can deliver homes even with US$305 billion of debt"},"content":{"rendered":"


\nHui Ka-yan, one of China\u2019s wealthiest tycoons and chairman of the world\u2019s most indebted real estate developer, made his first public appearance since July to assure the public that China Evergrande Group was able to complete its property projects.Hui, also known as Xu Jiayin in mainland China, appeared in the centre of a photograph with Evergrande\u2019s senior executives, where eight vice-presidents signed a guarantee to deliver the company\u2019s projects to customers, according to a September 1 blog\u2026
\n
\nSource : South China Morning Post
\nRead more…Tycoon makes executives sign pledges to assure buyers that Evergrande can deliver homes even with US5 billion of debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hui Ka-yan, one of China\u2019s wealthiest tycoons and chairman of the world\u2019s most indebted real...<\/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-121779","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-vGb","jetpack-related-posts":[{"id":123985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-boss-hui-ka-yan-rallies-workers-aims-to-deliver-four-times-as-many-homes-in-december\/","url_meta":{"origin":121779,"position":0},"title":"China Evergrande boss Hui Ka-yan rallies workers, aims to deliver four times as many homes in December","date":"December 27, 2021","format":false,"excerpt":"\r Hui Ka-yan, the founder and chairman of heavily-indebted developer China Evergrande Group, is trying to rally his employees and deliver more homes as the year comes to a close.At a weekly meeting with company executives on Sunday, the 63-year-old billionaire said all employees will be required to not \u201clie\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-regulators-summon-evergrande-executives-urge-them-to-keep-operations-stable-diffuse-debt-risks\/","url_meta":{"origin":121779,"position":1},"title":"Chinese regulators summon Evergrande executives, urge them to keep operations stable, diffuse debt risks","date":"August 19, 2021","format":false,"excerpt":"\r China Evergrande Group has become the latest Chinese company to be given a talking-to by the country\u2019s top financial regulators.The People\u2019s Bank of China (PBOC) and China Banking and Insurance Regulatory Commission (CBIRC) said on Thursday that they had summoned China Evergrande executives for a meeting, urging the world\u2019s\u2026","rel":"","context":"In "Property News"","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":121779,"position":2},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/troubles-mount-at-evergrande-as-pipe-supplier-threatens-legal-action-over-delayed-payments\/","url_meta":{"origin":121779,"position":3},"title":"Troubles mount at Evergrande as pipe supplier threatens legal action over delayed payments","date":"August 25, 2021","format":false,"excerpt":"\r Debt-laden developer China Evergrande Group has failed to pay some overdue bills, piping supplier Yonggao said, in the latest sign of a cash crunch at the teetering home builder.Financial markets are worried that the size of Evergrande\u2019s debts present a systemic risk were it to fail and the firm\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-estates-reports-us447-million-loss-for-2021-as-costs-of-china-evergrande-friendship-mount\/","url_meta":{"origin":121779,"position":4},"title":"China Estates reports US$447 million loss for 2021 as costs of China Evergrande friendship mount","date":"March 21, 2022","format":false,"excerpt":"\r Chinese Estates Holdings, a major ally of heavily-indebted Chinese developer China Evergrande Group controlled by the family of fugitive property tycoon Joseph Lau Luen-hung, swung to a loss last year as China\u2019s housing market soured.The Hong Kong developer, chaired by Joseph Lau\u2019s son Lau Ming-wai, 41, reported a loss\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-did-wanda-founder-wang-jianlin-escape-the-wave-that-swept-away-embattled-evergrande-property-tycoon-hui-ka-yan\/","url_meta":{"origin":121779,"position":5},"title":"How did Wanda founder Wang Jianlin escape the wave that swept away embattled Evergrande property tycoon Hui Ka Yan?","date":"May 31, 2024","format":false,"excerpt":"\r Wanda Group founder Wang Jianlin turned to a \u2018light-asset\u2019 model in 2017, helping him avoid the same fate as Hui Ka Yan, the embattled founder of indebted real estate developer Evergrande Group.\r \r Source : South China Morning Post\r Read more...How did Wanda founder Wang Jianlin escape the wave\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\/121779"}],"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=121779"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121779\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}