{"id":122674,"date":"2021-10-19T18:23:22","date_gmt":"2021-10-19T11:23:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-concerns-linger-even-as-embattled-developers-hengda-unit-makes-interest-payment-on-us327-million-onshore-bond\/"},"modified":"2021-10-19T20:06:56","modified_gmt":"2021-10-19T13:06:56","slug":"evergrande-concerns-linger-even-as-embattled-developers-hengda-unit-makes-interest-payment-on-us327-million-onshore-bond","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-concerns-linger-even-as-embattled-developers-hengda-unit-makes-interest-payment-on-us327-million-onshore-bond\/","title":{"rendered":"Evergrande: concerns linger even as embattled developer\u2019s Hengda unit makes interest payment on US$327 million onshore bond"},"content":{"rendered":"<p>&#013;<br \/>\nChina Evergrande Group made its first interest payment on its corporate bonds in nearly a month on Tuesday as questions continue to swirl about its ability to service its massive pile of debt accumulated from years of aggressive expansion beyond its core property business, according to people familiar with the matter.The company\u2019s onshore real estate unit, Hengda Real Estate Group, previously said late on Friday that it would make a payment due on a 2.1 billion yuan (US$327 million) senior note\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3152905\/evergrande-concerns-linger-even-embattled-developers?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Evergrande: concerns linger even as embattled developer\u2019s Hengda unit makes interest payment on US7 million onshore bond<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Evergrande Group made its first interest payment on its corporate bonds in nearly a&#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-122674","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-vUC","jetpack-related-posts":[{"id":28359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-to-bring-property-unit-back-to-mainland-through-backdoor-listing\/","url_meta":{"origin":122674,"position":0},"title":"China Evergrande to bring property unit back to mainland through backdoor listing","date":"October 3, 2016","format":false,"excerpt":"\r Hong Kong-listed China Evergrande Group is bringing its core property business back to the mainland Chinese stock market through the acquisition of a Shenzhen listed developer. Shenzhen Special Economic Zone Real Estate & Properties will buy 100 per cent of the equity interest in Hengda Real Estate, the property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-accepts-evergrande-liquidation-petition-1-day-after-founders-life-sentence\/","url_meta":{"origin":122674,"position":1},"title":"Chinese court accepts Evergrande liquidation petition 1 day after founder\u2019s life sentence","date":"August 21, 2026","format":false,"excerpt":"\r A court in southern China\u2019s Guangdong province formally accepted a bankruptcy liquidation petition against China Evergrande Group\u2019s main onshore unit, closing the final chapter in the unravelling of what was once the country\u2019s largest property developer. The Guangzhou Intermediate People\u2019s Court said on Friday that Guangzhou Rural Commercial Bank\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hui-ka-yan-steps-down-as-chairman-of-hengda-as-china-evergrande-reshuffles-its-executive-ranks-in-restructuring\/","url_meta":{"origin":122674,"position":2},"title":"Hui Ka-yan steps down as chairman of Hengda as China Evergrande reshuffles its executive ranks in restructuring","date":"August 17, 2021","format":false,"excerpt":"\r Hui Ka-yan, the property magnate who controls the world\u2019s most-indebted developer, has promoted one of his corporate lieutenants as he stepped down as chairman of the closely held Hengda Real Estate Group, in an executive reshuffling that raised concerns about his grip on his flagship China Evergrande Group.Hengda director\u2026","rel":"","context":"In &quot;Property News&quot;","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":122674,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditor-group-backs-the-chinese-developers-efforts-to-keep-onshore-unit-operational-opposes-bankruptcy-process\/","url_meta":{"origin":122674,"position":4},"title":"Evergrande creditor group backs the Chinese developer\u2019s efforts to keep onshore unit operational, opposes bankruptcy process","date":"December 1, 2023","format":false,"excerpt":"\r An ad hoc group of creditors of Evergrande\u2019s offshore unit has said it supports the management\u2019s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-top-bourses-chastise-evergrande-unit-hengda-set-to-punish-senior-executives-for-failing-to-publish-accounts\/","url_meta":{"origin":122674,"position":5},"title":"China\u2019s top bourses chastise Evergrande unit Hengda, set to punish senior executives for failing to publish accounts","date":"April 20, 2023","format":false,"excerpt":"\r An Evergrande unit has been pulled up by the Shanghai and Shenzhen bourse operators for failing to publish its accounts after almost a year past the deadline. It will not object to impending disciplinary action.\r \r Source : South China Morning Post\r Read more...China\u2019s top bourses chastise Evergrande unit\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\/122674"}],"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=122674"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122674\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}