{"id":124349,"date":"2022-01-25T19:00:22","date_gmt":"2022-01-25T12:00:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-developer-kaisa-group-to-resume-construction-at-project-in-foshan-after-receiving-funds-held-in-escrow-accounts\/"},"modified":"2022-01-25T20:05:00","modified_gmt":"2022-01-25T13:05:00","slug":"embattled-developer-kaisa-group-to-resume-construction-at-project-in-foshan-after-receiving-funds-held-in-escrow-accounts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-developer-kaisa-group-to-resume-construction-at-project-in-foshan-after-receiving-funds-held-in-escrow-accounts\/","title":{"rendered":"Embattled developer Kaisa Group to resume construction at project in Foshan after receiving funds held in escrow accounts"},"content":{"rendered":"


\nEmbattled Chinese developer Kaisa Group has pledged to resume construction at a project in Foshan in the southern province of Guangdong after funds held in escrow accounts were returned to it.The development comes hot on the heels of reports last week that China was moving to ease a severe crash crunch in the property sector, giving developers much-needed breathing space.\u201cAfter friendly negotiations with the government and regulatory banks, the presale payments [for the project] have been\u2026
\n
\nSource : South China Morning Post
\nRead more…Embattled developer Kaisa Group to resume construction at project in Foshan after receiving funds held in escrow accounts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Embattled Chinese developer Kaisa Group has pledged to resume construction at a project in Foshan...<\/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-124349","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-wlD","jetpack-related-posts":[{"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":124349,"position":0},"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":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":124349,"position":1},"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":124349,"position":2},"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":123571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-to-meet-offshore-bondholders-over-repayment-options-including-notes-that-can-be-swapped-with-sing-tao-stock\/","url_meta":{"origin":124349,"position":3},"title":"Kaisa to meet offshore bondholders over repayment options, including notes that can be swapped with Sing Tao stock","date":"December 2, 2021","format":false,"excerpt":"\r Embattled Chinese developer Kaisa Group Holdings has agreed to meet its offshore bondholders and discuss ways of repaying loans, including selling convertible bonds that can be exchanged for shares of Hong Kong\u2019s Sing Tao News Corporation.The Shenzhen-based developer will meet New Money Consortium, a group of bondholders, after they\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123831,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisas-desperate-offshore-bondholders-offer-to-buy-us1-billion-worth-of-its-onshore-loans-in-latest-bid-to-rescue-embattled-developer\/","url_meta":{"origin":124349,"position":4},"title":"Kaisa\u2019s desperate offshore bondholders offer to buy US$1 billion worth of its onshore loans in latest bid to rescue embattled developer","date":"December 16, 2021","format":false,"excerpt":"\r The desperate offshore bondholders of embattled Chinese developer Kaisa Group Holdings have offered to buy up to a US$1 billion worth of its onshore non-performing loans in the hope of bailing it out.New Money Consortium, a group of eight institutions holding more than US$2.5 billion worth of Kaisa\u2019s US\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123264,"url":"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\/","url_meta":{"origin":124349,"position":5},"title":"Shares of Kaisa units tumble in Hong Kong even as they distance themselves from the travails of their indebted parent","date":"November 16, 2021","format":false,"excerpt":"\r The 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\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\/124349"}],"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=124349"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124349\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}