{"id":124070,"date":"2022-01-03T19:21:35","date_gmt":"2022-01-03T12:21:35","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditors-have-more-cause-for-concern-amid-reports-some-of-its-hainan-developments-need-to-be-demolished\/"},"modified":"2022-01-03T21:05:48","modified_gmt":"2022-01-03T14:05:48","slug":"evergrande-creditors-have-more-cause-for-concern-amid-reports-some-of-its-hainan-developments-need-to-be-demolished","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditors-have-more-cause-for-concern-amid-reports-some-of-its-hainan-developments-need-to-be-demolished\/","title":{"rendered":"Evergrande creditors have more cause for concern amid reports some of its Hainan developments need to be demolished"},"content":{"rendered":"


\nCreditors of indebted China Evergrande Group have more cause for concern after local media reported that the giant developer has been ordered to tear down some blocks at one of its mega projects in Hainan Province.Chinese media reported that Evergrande, once China\u2019s largest developer by sales but which is now struggling under a mountain of debt, has been asked to tear down 39 buildings at a development on the southern tropical island within 10 days, according to a local government notice.An\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande creditors have more cause for concern amid reports some of its Hainan developments need to be demolished<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Creditors of indebted China Evergrande Group have more cause for concern after local media reported...<\/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-124070","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-wh8","jetpack-related-posts":[{"id":124084,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-says-it-will-abide-by-orders-to-tear-down-39-structures-on-its-flagship-property-project-in-chinas-hawaii\/","url_meta":{"origin":124070,"position":0},"title":"Evergrande says it will abide by orders to tear down 39 structures on its flagship property project in \u2018China\u2019s Hawaii\u2019","date":"January 4, 2022","format":false,"excerpt":"\r China Evergrande Group said it would abide by a government instruction to demolish more than three dozen structures on one of its flagship property projects in Hainan for breaching building approval procedures, as the woes pile up for the country\u2019s most indebted developer.The Shenzhen-based developer will tear down 39\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-ocean-flower-island-dubbed-dubai-of-china-is-important-to-china-evergrande-group-and-hainan-province\/","url_meta":{"origin":124070,"position":1},"title":"Why Ocean Flower Island \u2013 dubbed \u2018Dubai of China\u2019 \u2013 is important to China Evergrande Group and Hainan province","date":"January 4, 2022","format":false,"excerpt":"\r China Evergrande Group, the world\u2019s most indebted developer, was last week ordered to demolish 39 buildings on Ocean Flower Island, a project comprising three man-made islands developed by the company in China\u2019s southern Hainan province, within 10 days.The order, issued by the Danzhou Municipal People\u2019s Government on December 30,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-worlds-most-indebted-developer-misses-overhaul-proposal-deadline-amid-creditor-talks\/","url_meta":{"origin":124070,"position":2},"title":"China Evergrande crisis: world\u2019s most indebted developer misses overhaul proposal deadline amid creditor talks","date":"January 1, 2023","format":false,"excerpt":"\r China Evergrande Group delayed releasing a much-anticipated restructuring plan again, missing a self-imposed deadline and disappointing creditors seeking to salvage investments.\r \r Source : South China Morning Post\r Read more...China Evergrande crisis: world\u2019s most indebted developer misses overhaul proposal deadline amid creditor talks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sunac-top-list-of-chinese-developers-due-in-hong-kong-court-this-month-as-creditors-sue-to-recover-payments\/","url_meta":{"origin":124070,"position":3},"title":"Evergrande, Sunac top list of Chinese developers due in Hong Kong court this month as creditors sue to recover payments","date":"November 2, 2022","format":false,"excerpt":"\r The court hearings against China\u2019s top property firms come after a unit of Yango Group was ordered to be wound down, the first such instance in Hong Kong against a major developer amid the ongoing crisis.\r \r Source : South China Morning Post\r Read more...Evergrande, Sunac top list of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-work-resumes-on-10-projects-as-developer-restores-calm-buys-time-to-repay-more-creditors\/","url_meta":{"origin":124070,"position":4},"title":"Evergrande crisis: work resumes on 10 projects as developer restores calm, buys time to repay more creditors","date":"October 25, 2021","format":false,"excerpt":"\r China Evergrande said it has restarted work on more than 10 projects across six mainland cities, trying to portray some semblance of stability in its operations soon after averting a potentially calamitous default on its offshore debt.The developer, saddled with 1.97 trillion yuan (US$305 billion) of liabilities, identified the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142101,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-ordered-to-liquidate-as-hong-kong-high-court-approves-creditors-bid-to-wind-up-worlds-most-indebted-property-developer\/","url_meta":{"origin":124070,"position":5},"title":"Evergrande ordered to liquidate as Hong Kong High Court approves creditors\u2019 bid to wind up world\u2019s most indebted property developer","date":"January 29, 2024","format":false,"excerpt":"\r The lawsuit was initiated in June 2022 by Lin Ho-man\u2019s Top Shine Global, which was trying to recover HK$862.5 million (US$110.4 million) from a botched investment in Evergrande made in March 2021.\r \r Source : South China Morning Post\r Read more...Evergrande ordered to liquidate as Hong Kong High Court\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\/124070"}],"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=124070"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124070\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}