{"id":124529,"date":"2022-02-10T15:16:15","date_gmt":"2022-02-10T08:16:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-top-insider-sold-all-his-dollar-bonds-before-chinese-developer-defaulted-on-offshore-debt-last-year-new-filings-show\/"},"modified":"2022-02-10T17:03:07","modified_gmt":"2022-02-10T10:03:07","slug":"evergrandes-top-insider-sold-all-his-dollar-bonds-before-chinese-developer-defaulted-on-offshore-debt-last-year-new-filings-show","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-top-insider-sold-all-his-dollar-bonds-before-chinese-developer-defaulted-on-offshore-debt-last-year-new-filings-show\/","title":{"rendered":"Evergrande\u2019s top insider sold all his dollar bonds before Chinese developer defaulted on offshore debt last year, new filings show"},"content":{"rendered":"


\nChina Evergrande\u2019s top insider sold his holding of dollar-denominated bonds issued by the developer in a series of transactions in August last year, before its liquidity crisis worsened and led to a debt default.Xia Haijun, vice-chairman and chief executive of the Shenzhen-based developer, sold US$50 million in face value of the notes due in 2022, US$50 million of the notes due in 2023 and US$28 million of the notes due in 2025, according to his new filings late on Wednesday.The bonds were sold\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande\u2019s top insider sold all his dollar bonds before Chinese developer defaulted on offshore debt last year, new filings show<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande\u2019s top insider sold his holding of dollar-denominated bonds issued by the developer in...<\/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-124529","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-wox","jetpack-related-posts":[{"id":165318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-iconic-canadian-hotel-to-be-sold-after-default\/","url_meta":{"origin":124529,"position":0},"title":"Evergrande\u2019s iconic Canadian hotel to be sold after default","date":"November 20, 2025","format":false,"excerpt":"\r China Evergrande Group\u2019s famous log-cabin hotel in Quebec, Canada, has been placed in receivership after the defaulted real estate developer failed to make payments on its debt. Fairmont Le Chateau Montebello, which has hosted luminaries including Grace Kelly and Margaret Thatcher, would be put up for sale by PricewaterhouseCoopers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-bonds-of-evergrandes-flagship-go-on-restricted-trading-after-ratings-cut-in-latest-woe-to-befall-indebted-developer\/","url_meta":{"origin":124529,"position":1},"title":"Nine bonds of Evergrande\u2019s flagship go on restricted trading after ratings cut in latest woe to befall indebted developer","date":"September 16, 2021","format":false,"excerpt":"\r Trading restrictions were placed on nine onshore bonds sold by China Evergrande Group\u2019s flagship property unit, after a local credit rating agency slashed the debts\u2019 creditworthiness, deepening the woes for the world\u2019s most indebted real estate developer.Three yuan-denominated bonds valued at 28.2 billion yuan (US$4.4 billion) issued by Evergrande\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-us6-6b-bond-rattles-markets-prompts-round-of-head-scratching\/","url_meta":{"origin":124529,"position":2},"title":"China Evergrande\u2019s US$6.6b bond rattles markets, prompts round of head-scratching","date":"June 29, 2017","format":false,"excerpt":"\r China Evergrande Group has come under the spotlight after it issued a US$6.6 billion bond last week, the largest US dollar bond ever completed in Asia, even as the debt-laden property giant has vowed to deleverage. Evergrande, the country\u2019s largest, yet most indebted developer with a debt-equity ratio over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121964,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-restructuring-quasi-unavoidable-amid-distress-as-free-pass-on-debt-binge-ends\/","url_meta":{"origin":124529,"position":3},"title":"China Evergrande\u2019s restructuring \u2018quasi unavoidable\u2019 amid distress as \u2018free pass\u2019 on debt binge ends","date":"September 13, 2021","format":false,"excerpt":"\r Investors focusing on Asian high yield and distressed bonds are circling China Evergrande Group as the developer seeks fresh capital to pull through its biggest survival test after accumulating more than US$300 billion of liabilities.The firm, struggling to contain a market sell-off and regulatory warning, may have to restructure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-staunchest-allies-drop-out-as-chinese-property-developers-creditworthiness-deteriorates-amid-debt-woes\/","url_meta":{"origin":124529,"position":4},"title":"Evergrande\u2019s staunchest allies drop out as Chinese property developer\u2019s creditworthiness deteriorates amid debt woes","date":"September 17, 2021","format":false,"excerpt":"\r Two of the property magnate Hui Ka-yan\u2019s staunchest allies appear to be bailing out of China Evergrande Group, selling a large chunk of the developer\u2019s stock ahead of a gathering storm and deteriorating credit ratings over US$300 billion in liabilities.Joseph Lau Luen-hung, the founder of Hong Kong developer Chinese\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121253,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/short-sellers-double-bets-against-china-evergrandes-bonds\/","url_meta":{"origin":124529,"position":5},"title":"Short sellers double bets against China Evergrande\u2019s bonds","date":"August 4, 2021","format":false,"excerpt":"\r Investor sentiment sours further against hugely indebted property developer facing cash crunch\r \r Source : ft.com\r Read more...Short sellers double bets against China Evergrande\u2019s bonds","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\/124529"}],"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=124529"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124529\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}