{"id":123416,"date":"2021-11-24T14:30:13","date_gmt":"2021-11-24T07:30:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cash-strapped-developers-hold-off-defaults-through-deals-with-investors-but-not-out-of-the-woods-just-yet\/"},"modified":"2021-11-24T16:04:27","modified_gmt":"2021-11-24T09:04:27","slug":"chinas-cash-strapped-developers-hold-off-defaults-through-deals-with-investors-but-not-out-of-the-woods-just-yet","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-cash-strapped-developers-hold-off-defaults-through-deals-with-investors-but-not-out-of-the-woods-just-yet\/","title":{"rendered":"China\u2019s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet"},"content":{"rendered":"


\nCash-strapped Chinese developers are trying to appease investors with partial repayments to win some more time.But with a bunch of deadlines looming, they are not out of the woods yet. Beijing\u2019s \u201cthree red lines\u201d have made it more difficult for such overleveraged developers to obtain bank loans, cutting off an important source of liquidity.\u201cThis downturn is unlike previous corrections, as it has already contributed to a number of developer defaults,\u201d said Matthew Chow, credit analyst at S&P\u2026
\n
\nSource : South China Morning Post
\nRead more…China\u2019s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cash-strapped Chinese developers are trying to appease investors with partial repayments to win some more...<\/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-123416","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-w6A","jetpack-related-posts":[{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":123416,"position":0},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126355,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-lgfv-bonds-to-top-offshore-dollar-debt-issuers-in-2022-as-market-grows-tired-of-defaults-and-delayed-payments-by-developers\/","url_meta":{"origin":123416,"position":1},"title":"China\u2019s LGFV bonds to top offshore dollar debt issuers in 2022 as market grows tired of defaults and delayed payments by developers","date":"May 9, 2022","format":false,"excerpt":"\r The debt sold by LGFVs have filled in the vacuum of high-yielding debt sold by developers, as a sluggish real estate market and a record bout of defaults and missed payments deterred many global investors.\r \r Source : South China Morning Post\r Read more...China\u2019s LGFV bonds to top offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-braces-for-another-record-year-of-bond-defaults-as-cash-starved-developers-breach-central-banks-red-lines-for-borrowings\/","url_meta":{"origin":123416,"position":2},"title":"China braces for another record year of bond defaults as cash-starved developers breach central bank\u2019s red lines for borrowings","date":"January 19, 2021","format":false,"excerpt":"\r China\u2019s corporate defaults may set a record this year when a trio of the central bank\u2019s debt limits kick in this month, as they crimp the ability by borrowers to use loans to repay their outstanding debt.One in five of China\u2019s biggest real estate developers including China Evergrande Group\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-investors-charge-into-chinas-commercial-real-estate-as-credit-squeeze-hurts-domestic-developers\/","url_meta":{"origin":123416,"position":3},"title":"Foreign investors charge into China\u2019s commercial real estate as credit squeeze hurts domestic developers","date":"January 31, 2019","format":false,"excerpt":"\r China\u2019s commercial real estate investment rose to a record 296 billion yuan (US$44.08 billion) in 2018, as the gap left by cash-strapped local investors was closed by overseas investors who jumped on acquisition opportunities, according to real estate service firm Cushman & Wakefield. The 9.5 per cent rise in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-developers-face-tough-sell-raising-funds-as-recent-defaults-send-chill-through-corporate-bond-market\/","url_meta":{"origin":123416,"position":4},"title":"China developers face tough sell raising funds as recent defaults send chill through corporate bond market","date":"April 22, 2016","format":false,"excerpt":"\r Defaults on onshore loans by mainland Chinese companies have triggered alarm among investors, igniting concerns that heightened risk aversion by creditors could affect the outlook for Chinese developers, who accounted for the lion\u2019s share of local debt issuance last year.\r \r Source : South China Morning Post\r Read more...China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cifi-defaults-on-bond-triggering-sell-off-of-developers-fears-chinese-property-debt-crisis-is-spreading\/","url_meta":{"origin":123416,"position":5},"title":"Cifi defaults on bond, triggering sell-off of developers, fears Chinese property debt crisis is spreading","date":"October 13, 2022","format":false,"excerpt":"\r Cifi Holdings\u2019 first offshore bond default sparks fears that the debt crisis gripping China\u2019s property sector is spreading to developers previously deemed financially sound.\r \r Source : South China Morning Post\r Read more...Cifi defaults on bond, triggering sell-off of developers, fears Chinese property debt crisis is spreading","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\/123416"}],"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=123416"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/123416\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=123416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=123416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=123416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}