{"id":124523,"date":"2022-02-09T20:09:07","date_gmt":"2022-02-09T13:09:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-vows-to-build-600000-homes-in-2022-and-fully-restore-operations-as-it-tries-to-sell-its-way-out-of-its-debt\/"},"modified":"2022-02-09T22:05:12","modified_gmt":"2022-02-09T15:05:12","slug":"china-evergrande-vows-to-build-600000-homes-in-2022-and-fully-restore-operations-as-it-tries-to-sell-its-way-out-of-its-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-vows-to-build-600000-homes-in-2022-and-fully-restore-operations-as-it-tries-to-sell-its-way-out-of-its-debt\/","title":{"rendered":"China Evergrande vows to build 600,000 homes in 2022 and fully restore operations as it tries to sell its way out of its debt"},"content":{"rendered":"


\nChina Evergrande Group has set the target of building 600,000 homes in 2022, as the embattled developer leans on its construction operation to lift it out of its debt quagmire.Evergrande plans to fully restore its construction operations this month, the Guangzhou-based developer\u2019s chairman Hui Ka-yan said during an internal meeting on Sunday, according to a person familiar with the matter. Property sales will resume as soon as possible to help resolve the company\u2019s debts, Hui said.The developer\u2026
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\nSource : South China Morning Post
\nRead more…China Evergrande vows to build 600,000 homes in 2022 and fully restore operations as it tries to sell its way out of its debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group has set the target of building 600,000 homes in 2022, as the...<\/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-124523","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-wor","jetpack-related-posts":[{"id":123985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-boss-hui-ka-yan-rallies-workers-aims-to-deliver-four-times-as-many-homes-in-december\/","url_meta":{"origin":124523,"position":0},"title":"China Evergrande boss Hui Ka-yan rallies workers, aims to deliver four times as many homes in December","date":"December 27, 2021","format":false,"excerpt":"\r Hui Ka-yan, the founder and chairman of heavily-indebted developer China Evergrande Group, is trying to rally his employees and deliver more homes as the year comes to a close.At a weekly meeting with company executives on Sunday, the 63-year-old billionaire said all employees will be required to not \u201clie\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-founder-hui-kayan-vows-to-repay-debt-and-start-new-chapter-on-survival\/","url_meta":{"origin":124523,"position":1},"title":"China Evergrande crisis: founder Hui Kayan vows to repay debt and \u2018start new chapter on survival\u2019","date":"January 3, 2023","format":false,"excerpt":"\r Evergrande founder Hui Kayan has pledged to repay creditors and deliver projects this year in a letter to his employees, saying the company can fulfil its mission if they work together.\r \r Source : South China Morning Post\r Read more...China Evergrande crisis: founder Hui Kayan vows to repay debt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-vows-to-unwaveringly-follow-beijings-orders-after-being-summoned-by-regulators\/","url_meta":{"origin":124523,"position":2},"title":"China Evergrande vows to \u2018unwaveringly\u2019 follow Beijing\u2019s orders after being summoned by regulators","date":"August 20, 2021","format":false,"excerpt":"\r China Evergrande, the world\u2019s most indebted developer, has promised to \u201cunwaveringly\u201d follow the central government orders after being summoned by the country\u2019s top financial regulators overnight.Evergrande, China\u2019s biggest home builder, said on Friday morning that it would be \u201cat full stretch and by all means possible\u201d keep operations stable\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121496,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dealing-with-debt-a-time-line-of-how-hui-ka-yans-evergrande-landed-back-in-crisis-mode-with-the-worlds-heaviest-debt-load\/","url_meta":{"origin":124523,"position":3},"title":"Dealing with debt: a time line of how Hui Ka-yan\u2019s Evergrande landed back in crisis mode with the world\u2019s heaviest debt load","date":"August 17, 2021","format":false,"excerpt":"\r The clock is ticking for China\u2019s most indebted developer to find a way out of a looming credit crunch.This month alone, China Evergrande Group has endured multiple credit-rating downgrades that sent its stock and bonds tumbling, only to see them recover briefly after it confirmed talks to sell some\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hui-ka-yans-childhood-dreams-fuelled-a-debt-binge-and-audacious-goal-that-has-left-the-world-on-tenterhooks\/","url_meta":{"origin":124523,"position":4},"title":"Evergrande: Hui Ka-yan\u2019s childhood dreams fuelled a debt binge and audacious goal that has left the world on tenterhooks","date":"September 25, 2021","format":false,"excerpt":"\r The first of a three-part series on the China Evergrande Group looks at how the world\u2019s most indebted developer grew to its current size and how it avoided scrutiny when China\u2019s authorities cracked down on debt in 2017.On an overcast Monday in early 2017, Hui Ka-yan chaired a staff\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-makes-executives-sign-pledges-to-assure-buyers-that-evergrande-can-deliver-homes-even-with-us305-billion-of-debt\/","url_meta":{"origin":124523,"position":5},"title":"Tycoon makes executives sign pledges to assure buyers that Evergrande can deliver homes even with US$305 billion of debt","date":"September 1, 2021","format":false,"excerpt":"\r Hui Ka-yan, one of China\u2019s wealthiest tycoons and chairman of the world\u2019s most indebted real estate developer, made his first public appearance since July to assure the public that China Evergrande Group was able to complete its property projects.Hui, also known as Xu Jiayin in mainland China, appeared in\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\/124523"}],"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=124523"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124523\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}