{"id":122206,"date":"2021-09-25T13:00:16","date_gmt":"2021-09-25T06:00:16","guid":{"rendered":"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\/"},"modified":"2021-09-25T14:06:35","modified_gmt":"2021-09-25T07:06:35","slug":"evergrande-hui-ka-yans-childhood-dreams-fuelled-a-debt-binge-and-audacious-goal-that-has-left-the-world-on-tenterhooks","status":"publish","type":"post","link":"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\/","title":{"rendered":"Evergrande: Hui Ka-yan\u2019s childhood dreams fuelled a debt binge and audacious goal that has left the world on tenterhooks"},"content":{"rendered":"


\nThe 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 meeting in Guangzhou, where he set an audacious goal for China Evergrande Group, one that would land the developer four years later in the eye of a storm that is ripping across the financial world.Sitting on a raised\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande: Hui Ka-yan\u2019s childhood dreams fuelled a debt binge and audacious goal that has left the world on tenterhooks<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The first of a three-part series on the China Evergrande Group looks at how 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-122206","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-vN4","jetpack-related-posts":[{"id":121496,"url":"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\/","url_meta":{"origin":122206,"position":0},"title":"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","date":"August 17, 2021","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","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":122206,"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 "Property News"","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":122206,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-hui-ka-yan-orders-executives-to-speed-up-construction-step-up-marketing-as-shared-voice-clip-debunks-suicide-rumour\/","url_meta":{"origin":122206,"position":3},"title":"Evergrande\u2019s Hui Ka-yan orders executives to speed up construction, step up marketing, as shared voice clip debunks suicide rumour","date":"December 2, 2022","format":false,"excerpt":"\r Evergrande is keeping the world\u2019s banks and capital markets on tenterhooks as it grapples with interest payments and billions in debt, all of which are supposed to be worked out in a massive corporate overhaul.\r \r Source : South China Morning Post\r Read more...Evergrande\u2019s Hui Ka-yan orders executives to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":122206,"position":4},"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":138400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hui-ka-yan-is-saving-his-china-evergrande-property-empire-from-sinking-under-us340-billion-in-liabilities\/","url_meta":{"origin":122206,"position":5},"title":"How Hui Ka-yan is saving his China Evergrande property empire from sinking under US$340 billion in liabilities","date":"July 20, 2023","format":false,"excerpt":"\r Founder Hui Ka-yan is seeking to reorganise US$20 billion of its defaulted debt, the first step in reviving his property flagship. Here\u2019s how the plan will unfold, and what analysts are saying about the debt workout.\r \r Source : South China Morning Post\r Read more...How Hui Ka-yan is saving\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\/122206"}],"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=122206"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122206\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}