{"id":122728,"date":"2021-10-21T18:46:50","date_gmt":"2021-10-21T11:46:50","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-failed-asset-sales-bring-formal-default-closer\/"},"modified":"2021-10-21T19:18:21","modified_gmt":"2021-10-21T12:18:21","slug":"evergrande-failed-asset-sales-bring-formal-default-closer","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-failed-asset-sales-bring-formal-default-closer\/","title":{"rendered":"Evergrande: failed asset sales bring formal default closer"},"content":{"rendered":"<p>&#013;<br \/>\nA deeper property slowdown could help margins of other sectors hit by surging raw material prices&#013;<br \/>\n&#013;<br \/>\nSource : ft.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.ft.com\/content\/ca7c2567-2c64-436d-b123-dfa7d1dfe340\" target=\"_blank\" rel=\"noopener\">Evergrande: failed asset sales bring formal default closer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A deeper property slowdown could help margins of other sectors hit by surging raw material&#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-122728","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-vVu","jetpack-related-posts":[{"id":123722,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-chair-resists-asset-fire-sale-as-group-teeters-on-default\/","url_meta":{"origin":122728,"position":0},"title":"Evergrande chair resists asset fire sale as group teeters on default","date":"December 9, 2021","format":false,"excerpt":"\r Bondholders prepared for worst as world\u2019s most indebted developer faces state-supervised overhaul\r \r Source : ft.com\r Read more...Evergrande chair resists asset fire sale as group teeters on default","rel":"","context":"In &quot;Property News&quot;","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":122728,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122716,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-scraps-us2-6-billion-sale-of-property-services-unit-to-hopson-suffering-a-second-rebuff-to-its-asset-disposal-in-a-week\/","url_meta":{"origin":122728,"position":2},"title":"Evergrande scraps US$2.6 billion sale of property services unit to Hopson, suffering a second rebuff to its asset disposal in a week","date":"October 20, 2021","format":false,"excerpt":"\r China Evergrande Group scrapped the sale of its property management unit to a rival, as its asset disposal plan was rebuffed for the second time in a week just before a 30-day grace period runs out for declaring the world\u2019s most indebted developer in default.An October 1 bid to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-kaisa-group-in-restricted-default-after-missing-bond-payments-fitch-says\/","url_meta":{"origin":122728,"position":3},"title":"China Evergrande, Kaisa Group in \u2018restricted default\u2019 after missing bond payments, Fitch says","date":"December 9, 2021","format":false,"excerpt":"\r Embattled Chinese property developer China Evergrande Group and Kaisa Group Holdings have been downgraded to \u201crestricted default\u201d by international rating agency Fitch Ratings.The downgrade on Thursday comes after several attempts by China Evergrande, the world\u2019s most indebted developer, to stave off such an event through last-minute bond payments a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-default-alarms-put-thousands-of-suppliers-jobs-and-economy-at-risk-as-developers-ious-balloon\/","url_meta":{"origin":122728,"position":4},"title":"Evergrande: default alarms put thousands of suppliers, jobs and economy at risk as developer\u2019s IOUs balloon","date":"October 9, 2021","format":false,"excerpt":"\r The third of a three-part series on China Evergrande Group takes a deep dive into how the property developer\u2019s debt crisis is affecting thousands of suppliers across the construction, furnishings and real estate services sectors and how the fallout of an Evergrande collapse could affect China\u2019s economy.In October 2019,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pwc-defections-continue-as-china-cinda-asset-management-ditches-auditor-facing-fines-for-alleged-evergrande-malpractice\/","url_meta":{"origin":122728,"position":5},"title":"PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice","date":"June 3, 2024","format":false,"excerpt":"\r State-owned China Cinda Asset Management is the latest major client to terminate its contract with PwC, after several big firms cut ties with the auditor amid growing concerns about possible financial fraud tied to embattled developer China Evergrande.\r \r Source : South China Morning Post\r Read more...PwC defections continue\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\/122728"}],"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=122728"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122728\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}