{"id":122282,"date":"2021-09-29T11:41:47","date_gmt":"2021-09-29T04:41:47","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sells-1-5bn-bank-stake-to-state-owned-enterprise\/"},"modified":"2021-09-29T12:04:13","modified_gmt":"2021-09-29T05:04:13","slug":"evergrande-sells-1-5bn-bank-stake-to-state-owned-enterprise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sells-1-5bn-bank-stake-to-state-owned-enterprise\/","title":{"rendered":"Evergrande sells $1.5bn bank stake to state-owned enterprise"},"content":{"rendered":"


\nDebt-laden Chinese property developer faces worsening liquidity crisis as second interest payment due
\n
\nSource : ft.com
\nRead more…Evergrande sells .5bn bank stake to state-owned enterprise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Debt-laden Chinese property developer faces worsening liquidity crisis as second interest payment due Source...<\/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-122282","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-vOi","jetpack-related-posts":[{"id":126956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-loses-ally-after-state-owned-china-railway-puts-its-stake-in-real-estate-unit-up-for-sale\/","url_meta":{"origin":122282,"position":0},"title":"Evergrande loses ally after state-owned China Railway puts its stake in real estate unit up for sale","date":"June 7, 2022","format":false,"excerpt":"\r China Railway Construction Investment Group said that it plans to sell 49 per cent of its equity in an Evergrande-controlled enterprise, Evergrande Real Estate (Shenzhen), for a minimum of US$398.8 million.\r \r Source : South China Morning Post\r Read more...Evergrande loses ally after state-owned China Railway puts its stake\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-raises-us144-million-as-it-sells-down-stake-in-hengten-networks\/","url_meta":{"origin":122282,"position":1},"title":"Evergrande raises US$144 million as it sells down stake in HengTen Networks","date":"November 9, 2021","format":false,"excerpt":"\r Embattled property developer China Evergrande Group raised about HK$1.12 billion (US$144 million) by further selling down its stake in internet company HengTen Networks Group as it faces a cascading series of interest payments on its offshore debt.Evergrande sold 530 million shares in a series of sales since November 4,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-china-developer-evergrande-increases-stake-in-shengjing-bank\/","url_meta":{"origin":122282,"position":2},"title":"Mainland China developer Evergrande increases stake in Shengjing Bank","date":"April 28, 2016","format":false,"excerpt":"\r Debt-laden mainland China developer Evergrande Real Estate said on Thursday it will pay 10 billion yuan (HK$ 11.9 billion) to increase its stake in Shengjing Bank to 27.24 per cent, further expanding its footprint in the financial sector.\r \r Source : South China Morning Post\r Read more...Mainland China developer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-boosts-asset-sales-in-bid-to-stave-off-cash-crunch\/","url_meta":{"origin":122282,"position":3},"title":"China Evergrande boosts asset sales in bid to stave off cash crunch","date":"August 2, 2021","format":false,"excerpt":"\r Highly indebted developer sells $420m stake in internet group as financial pressures mount\r \r Source : ft.com\r Read more...China Evergrande boosts asset sales in bid to stave off cash crunch","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-looks-for-ways-to-boost-valuation-ahead-of-upcoming-back-door-listing\/","url_meta":{"origin":122282,"position":4},"title":"China Evergrande looks for ways to boost valuation ahead of upcoming back door listing","date":"February 8, 2017","format":false,"excerpt":"\r China Evergrande Group\u2019s property unit Hengda Real Estate has sold its controlling stake in China Calxon Group after holding it for less than 10 months. Hengda Real Estate agreed to sell its 52.78 per cent shareholding in Zhejiang-based state-owned developer Calxon to another Evergrande subsidiary, Kailong Real Estate, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-accelerates-china-expansion-through-partnership-with-property-giant-evergrande\/","url_meta":{"origin":122282,"position":5},"title":"McDonald\u2019s accelerates China expansion through partnership with property giant Evergrande","date":"August 15, 2017","format":false,"excerpt":"\r McDonald\u2019s has accelerated its localisation strategy in mainland China by entering into a partnership with Evergrande Group, the country\u2019s largest homebuilder. The agreement comes two weeks after the global fast food giant closed a deal to sell a controlling stake in its Chinese and Hong Kong divisions to China\u2019s\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\/122282"}],"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=122282"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122282\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}