{"id":124517,"date":"2022-02-09T16:33:18","date_gmt":"2022-02-09T09:33:18","guid":{"rendered":"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\/"},"modified":"2022-02-09T17:08:55","modified_gmt":"2022-02-09T10:08:55","slug":"investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults","status":"publish","type":"post","link":"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\/","title":{"rendered":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults"},"content":{"rendered":"<p>&#013;<br \/>\nInvestors 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 bonds in January in both local and foreign currencies, according to Beike Research Institute (BRI), a research arm of KE Holdings, China\u2019s biggest online property broker. That is a 70 per\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3166391\/investors-shun-chinese-developers-bond-sales-slump-70-cent?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Investors seem to have lost their appetite for bonds issued by Chinese developers while rising&#46;&#46;&#46;<\/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-124517","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-wol","jetpack-related-posts":[{"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":124517,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firms-bond-issuances-fell-sharply-in-first-quarter-beikes-research-unit-says\/","url_meta":{"origin":124517,"position":1},"title":"Chinese property firms\u2019 bond issuances fell sharply in first quarter, Beike\u2019s research unit says","date":"April 8, 2022","format":false,"excerpt":"\r Bond issuances by Chinese property developers shrank sharply in the first quarter of 2022. Major developers issued offshore bonds worth only 35.5 billion yuan (US$5.6 billion) in the first three months of the year, which translates into a year-on-year decline of 68 per cent, said BRI, the research arm\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124165,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/absence-of-embattled-chinese-developers-expected-to-rein-in-asias-dollar-bond-supply-in-2022\/","url_meta":{"origin":124517,"position":2},"title":"Absence of embattled Chinese developers expected to rein in Asia\u2019s dollar bond supply in 2022","date":"January 10, 2022","format":false,"excerpt":"\r An absence of bond issuance from China\u2019s property sector will likely cap supply from Asia\u2019s ex-Japan bond market this year, as investors have turned cautious towards the cash-strapped sector after several embattled developers pushed the default rate higher last year.US dollar bonds from Chinese issuers traditionally account for half\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103469,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buoyed-by-easing-expected-end-to-fed-rate-hikes-china-developers-issue-us8-6-billion-in-offshore-bonds\/","url_meta":{"origin":124517,"position":3},"title":"Buoyed by easing, expected end to Fed rate hikes, China developers issue US$8.6 billion in offshore bonds","date":"January 30, 2019","format":false,"excerpt":"\r Top mainland Chinese property developers are flocking to the offshore bond market to capitalise on a recovery in investors\u2019 appetite. About 14 companies, including big guns Country Garden and Evergrande China, have already issued bonds worth US$8.6 billion this year, more than doubling the amount for January 2018, according\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123416,"url":"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\/","url_meta":{"origin":124517,"position":4},"title":"China\u2019s cash-strapped developers hold off defaults through deals with investors, but not out of the woods just yet","date":"November 24, 2021","format":false,"excerpt":"\r Cash-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\u2026","rel":"","context":"In &quot;Property News&quot;","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":124517,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124517"}],"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=124517"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124517\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}