{"id":122770,"date":"2021-10-22T18:46:40","date_gmt":"2021-10-22T11:46:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/panic-stricken-investors-drive-down-chinese-developer-agiles-bonds-amid-rumours-about-its-ability-to-repay-loans\/"},"modified":"2021-10-22T20:30:20","modified_gmt":"2021-10-22T13:30:20","slug":"panic-stricken-investors-drive-down-chinese-developer-agiles-bonds-amid-rumours-about-its-ability-to-repay-loans","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/panic-stricken-investors-drive-down-chinese-developer-agiles-bonds-amid-rumours-about-its-ability-to-repay-loans\/","title":{"rendered":"Panic-stricken investors drive down Chinese developer Agile\u2019s bonds amid rumours about its ability to repay loans"},"content":{"rendered":"<p>&#013;<br \/>\nChinese developer Agile Group Holdings on Friday tried to reassure investors that it has enough money on hand to service debt, including off-balance sheet loans, after rumours drove down its bond prices.The prices of 11 US dollar dominated bonds of the Guangzhou-based Chinese developer plunged as panic-stricken investors sold the notes amid speculation that the company could struggle to make coupon payments due soon.\u201cThe company only has one off-balance sheet loan due in November worth US$250\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3153367\/panic-stricken-investors-drive-down-chinese-developer-agiles?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Panic-stricken investors drive down Chinese developer Agile\u2019s bonds amid rumours about its ability to repay loans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Chinese developer Agile Group Holdings on Friday tried to reassure investors that it has enough&#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-122770","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-vWa","jetpack-related-posts":[{"id":124543,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-zhenros-shares-and-bonds-plummet-on-redemption-speculation\/","url_meta":{"origin":122770,"position":0},"title":"Chinese property developer Zhenro\u2019s shares and bonds plummet on redemption speculation","date":"February 11, 2022","format":false,"excerpt":"\r Shares and bonds of Chinese developer Zhenro Properties Group slumped amid speculation that the company does not plan to redeem a US$200 million bond next month.The Shanghai-based developer told investors late on Thursday that its plan to call the bond remain unchanged, sources told the Post, refuting rumours which\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142901,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-pledges-to-repay-offshore-debts-due-soon-as-it-seeks-calm-amid-liquidity-crisis-rumours\/","url_meta":{"origin":122770,"position":1},"title":"China Vanke pledges to repay offshore debts due soon as it seeks calm amid liquidity crisis rumours","date":"March 5, 2024","format":false,"excerpt":"\r The country\u2019s second-largest developer has assured investors it has the funds in place to repay its outstanding offshore debts coming due soon, as its shares and bonds tumbled amid rumours about liquidity distress.\r \r Source : South China Morning Post\r Read more...China Vanke pledges to repay offshore debts due\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144377,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-agiles-interest-payment-default-on-us483-million-bond-sends-shares-tumbling\/","url_meta":{"origin":122770,"position":2},"title":"Chinese developer Agile\u2019s interest-payment default on US$483 million bond sends shares tumbling","date":"May 14, 2024","format":false,"excerpt":"\r Agile says it \u2018will not be able to fulfil all payment obligations under its offshore debts\u2019 because of liquidity pressure. Presales declined 68 per cent year on year to US$905 million from January to April.\r \r Source : South China Morning Post\r Read more...Chinese developer Agile\u2019s interest-payment default on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuilder-agiles-focus-on-tropical-hainan-bearing-fruit\/","url_meta":{"origin":122770,"position":3},"title":"Hong Kong homebuilder Agile\u2019s focus on tropical Hainan bearing fruit","date":"March 15, 2017","format":false,"excerpt":"\r Home sales are \u201csizzling\u201d in Hainan, according to Hong Kong-listed homebuilder Agile Group Holdings, which says buyers are flocking to the southern Chinese island province to escape clogging pollution in other parts of the country. Agile\u2019s vice-president Sean Lee said the company is banking on significant future opportunities for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23931,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-this-chinese-residential-projects-asking-price-worth-it\/","url_meta":{"origin":122770,"position":4},"title":"Is this Chinese residential project\u2019s asking price worth it?","date":"August 25, 2016","format":false,"excerpt":"\r Agile has high hopes\u00a0for a tract of land in Guangzhou Bright pink clouds above Guangzhou, China\u2019s fourth-largest city. Image credit: ArtisticPhoto \/ Shutterstock.com Guangzhou\u2019s Liwan district is considered a relatively backwards neighbourhood, far from rapid transit routes and wanting of luxury amenities. Apartments in the area command an average\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-boss-acknowledges-pressure-as-2023-profits-slump-amid-liquidity-distress-rumours\/","url_meta":{"origin":122770,"position":5},"title":"China Vanke boss acknowledges \u2018pressure\u2019 as 2023 profits slump amid liquidity distress rumours","date":"March 29, 2024","format":false,"excerpt":"\r The embattled property developer posted a 46.4 per cent slump in net profit for 2023, alarming investors just weeks after markets were roiled by rumours of liquidity problems at the firm.\r \r Source : South China Morning Post\r Read more...China Vanke boss acknowledges \u2018pressure\u2019 as 2023 profits slump amid\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\/122770"}],"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=122770"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122770\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}