{"id":123264,"date":"2021-11-16T18:00:12","date_gmt":"2021-11-16T11:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-of-kaisa-units-tumble-in-hong-kong-even-as-they-distance-themselves-from-the-travails-of-their-indebted-parent\/"},"modified":"2021-11-16T19:04:03","modified_gmt":"2021-11-16T12:04:03","slug":"shares-of-kaisa-units-tumble-in-hong-kong-even-as-they-distance-themselves-from-the-travails-of-their-indebted-parent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-of-kaisa-units-tumble-in-hong-kong-even-as-they-distance-themselves-from-the-travails-of-their-indebted-parent\/","title":{"rendered":"Shares of Kaisa units tumble in Hong Kong even as they distance themselves from the travails of their indebted parent"},"content":{"rendered":"


\nThe shares of two units of China\u2019s Kaisa Group plunged to multi-year lows in Hong Kong after emerging from a seven-day trading halt, even as they tried to draw a distance from their embattled parent, which has missed payments on an offshore bond and high-yielding financial products.Kaisa Prosperity Holdings retraced 10.6 per cent to HK$13.50 as the management services unit clawed back some of its 16.6 per cent plunge, the biggest intraday drop since its 2019 initial public offering. Kaisa\u2026
\n
\nSource : South China Morning Post
\nRead more…Shares of Kaisa units tumble in Hong Kong even as they distance themselves from the travails of their indebted parent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The shares of two units of China\u2019s Kaisa Group plunged to multi-year lows in Hong...<\/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-123264","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-w48","jetpack-related-posts":[{"id":67068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisa-soars-26pc-as-hong-kong-tycoon-laus-family-investment-boosts-confidence\/","url_meta":{"origin":123264,"position":0},"title":"Chinese developer Kaisa soars 26pc as Hong Kong tycoon Lau\u2019s family investment boosts confidence","date":"September 21, 2017","format":false,"excerpt":"\r Shares of Chinese property developer Kaisa Group soared 26 per cent on Thursday morning after it was revealed that tycoon Joseph Lau\u2019s family has invested nearly US$1.2 billion in the company\u2019s offshore debts. Lau\u2019s family, led by his wife Kimbie Chan Hoi-wan, along with their company, Chinese Estates, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-kaisa-and-other-indebted-developers-get-a-break-as-chinas-rate-cuts-release-funds-to-relieve-their-cash-crunch-and-mounting-debt\/","url_meta":{"origin":123264,"position":1},"title":"Evergrande, Kaisa and other indebted developers get a break as China\u2019s rate cuts release funds to relieve their cash crunch and mounting debt","date":"January 20, 2022","format":false,"excerpt":"\r China\u2019s publicly traded developers soared on the stock market, as the first cut in mortgage rates in two years combined with a government plan to grant them easier access to sales receipts brought much-needed relief to their cash crunch and mounting debt.The Hang Seng Mainland Properties Index, which tracks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134322,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-kaisa-aims-to-resume-shares-trading-in-march-after-publishing-delayed-audit\/","url_meta":{"origin":123264,"position":2},"title":"China property crisis: Kaisa aims to resume shares trading in March after publishing delayed audit","date":"January 31, 2023","format":false,"excerpt":"\r The cash-strapped Chinese developer said its Hong Kong-listed shares could resume trading in March after almost a year of suspension prompted by the company\u2019s failure to publish its 2021 accounts on time.\r \r Source : South China Morning Post\r Read more...China property crisis: Kaisa aims to resume shares trading\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123579,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-woes-mean-rare-opportunity-for-hong-kong-developers\/","url_meta":{"origin":123264,"position":3},"title":"Kaisa: woes mean rare opportunity for Hong Kong developers","date":"December 2, 2021","format":false,"excerpt":"\r Fire sales of land by cash-strapped Chinese groups catch the eye\r \r Source : ft.com\r Read more...Kaisa: woes mean rare opportunity for Hong Kong developers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49835,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-eyes-2017-turnaround-and-34pc-growth-in-sales-target\/","url_meta":{"origin":123264,"position":4},"title":"Kaisa eyes 2017 turnaround and 34pc growth in sales target","date":"March 27, 2017","format":false,"excerpt":"\r Kaisa Group Holdings Ltd, whose shares resumed trading in Hong Kong for the first time in two years, said it\u2019s confident of a business turnaround in 2017, after the developer reported its long-overdue financial results. The Shenzhen-based developer\u2019s 2016 loss narrowed to 612 million yuan, from a 2015 loss\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-vice-chairmans-bel-air-villa-is-for-sale-in-hong-kong-at-discount-as-developer-disposes-of-assets-to-raise-capital-amid-crippling-debt\/","url_meta":{"origin":123264,"position":5},"title":"Kaisa vice-chairman\u2019s Bel-Air villa is for sale in Hong Kong at discount as developer disposes of assets to raise capital amid crippling debt","date":"May 12, 2022","format":false,"excerpt":"\r Kaisa is struggling to raise cash as it faces US$11.4 billion of outstanding bonds and US$200 million of perpetual notes coming due in 2026, according to Bloomberg\u2019s data.\r \r Source : South China Morning Post\r Read more...Kaisa vice-chairman\u2019s Bel-Air villa is for sale in Hong Kong at discount as\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\/123264"}],"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=123264"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123264\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}