{"id":124038,"date":"2022-01-01T09:00:17","date_gmt":"2022-01-01T02:00:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-if-last-year-was-bad-for-the-likes-of-evergrande-kaisa-and-fantasia-just-wait-for-2022-as-more-pain-predicted-for-investors\/"},"modified":"2022-01-01T11:03:37","modified_gmt":"2022-01-01T04:03:37","slug":"china-property-crisis-if-last-year-was-bad-for-the-likes-of-evergrande-kaisa-and-fantasia-just-wait-for-2022-as-more-pain-predicted-for-investors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-if-last-year-was-bad-for-the-likes-of-evergrande-kaisa-and-fantasia-just-wait-for-2022-as-more-pain-predicted-for-investors\/","title":{"rendered":"China property crisis: if last year was bad for the likes of Evergrande, Kaisa and Fantasia, just wait for 2022 as more pain predicted for investors"},"content":{"rendered":"


\nLast year has no doubt been difficult for Chinese developers and the pain could get worse in the new year for companies, homebuyers and investors alike. A liquidity crunch amid slowing home sales are likely to dominate sentiment.China Evergrande, Kaisa Group, Fantasia Holdings and Modern Land (China) all made headlines over their failure to repay onshore and foreign creditors.Beijing\u2019s \u201cthree red lines\u201d policy, which set the debt thresholds for the real estate sector, limited highly leveraged\u2026
\n
\nSource : South China Morning Post
\nRead more…China property crisis: if last year was bad for the likes of Evergrande, Kaisa and Fantasia, just wait for 2022 as more pain predicted for investors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last year has no doubt been difficult for Chinese developers and the pain could get...<\/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-124038","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-wgC","jetpack-related-posts":[{"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":124038,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123651,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/all-eyes-on-china-evergrande-kaisa-as-indebted-mainland-developers-face-bond-repayment-deadlines\/","url_meta":{"origin":124038,"position":1},"title":"All eyes on China Evergrande, Kaisa as indebted mainland developers face bond repayment deadlines","date":"December 6, 2021","format":false,"excerpt":"\r All eyes are once again on embattled Chinese developers, as they face bond repayment deadlines on Tuesday.Investors will be closely watching if China Evergrande Group, the mainland\u2019s most indebted developer, will officially default on its public debt for the first time and whether it will be joined by another\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":124038,"position":2},"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":122379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-developer-defaults-as-evergrande-keeps-investors-hanging\/","url_meta":{"origin":124038,"position":3},"title":"China property developer defaults as Evergrande keeps investors hanging","date":"October 5, 2021","format":false,"excerpt":"\r Midsized group Fantasia adds to the sector\u2019s woes\r \r Source : ft.com\r Read more...China property developer defaults as Evergrande keeps investors hanging","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123164,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisa-downgraded-as-crucial-payment-deadlines-near\/","url_meta":{"origin":124038,"position":4},"title":"Chinese developer Kaisa downgraded as crucial payment deadlines near","date":"November 11, 2021","format":false,"excerpt":"\r Property company is second-biggest borrower on international high-yield markets after Evergrande\r \r Source : ft.com\r Read more...Chinese developer Kaisa downgraded as crucial payment deadlines near","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122416,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fantasia-downgraded-to-default-status-by-rating-agencies-as-chinese-property-sector-crisis-worsens\/","url_meta":{"origin":124038,"position":5},"title":"Fantasia downgraded to default status by rating agencies as Chinese property sector crisis worsens","date":"October 6, 2021","format":false,"excerpt":"\r Fantasia Holdings Group, the debt-laden property developer founded by the niece of a former Chinese vice-president, has been downgraded to default or near default status by the three major credit rating agencies after it missed a bond repayment this week.The default by Fantasia adds to growing concerns about the\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\/124038"}],"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=124038"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124038\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}