{"id":124721,"date":"2022-02-26T12:53:11","date_gmt":"2022-02-26T05:53:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-is-losing-some-property-projects-as-chinas-state-owned-companies-pick-away-at-the-assets-of-worlds-most-indebted-developer\/"},"modified":"2022-02-26T14:12:00","modified_gmt":"2022-02-26T07:12:00","slug":"evergrande-is-losing-some-property-projects-as-chinas-state-owned-companies-pick-away-at-the-assets-of-worlds-most-indebted-developer","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-is-losing-some-property-projects-as-chinas-state-owned-companies-pick-away-at-the-assets-of-worlds-most-indebted-developer\/","title":{"rendered":"Evergrande is losing some property projects as China\u2019s state-owned companies pick away at the assets of world\u2019s most indebted developer"},"content":{"rendered":"<p>&#013;<br \/>\nChina Evergrande Group lost control of some of its property projects around the country, as several state-owned developers picked away at its assets while the heavily indebted builder teeters on the brink with more thanUS$300 billion of total liabilities.Evergrande Fairyland, a theme park subsidiary in the Nansha district of the Guangdong provincial capital of Guangzhou was completely taken over on January 26 by the China Minmetals Group\u2019s Minmetals International Trust, according to the\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\/3168506\/evergrande-losing-some-property-projects-chinas-state-owned?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Evergrande is losing some property projects as China\u2019s state-owned companies pick away at the assets of world\u2019s most indebted developer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Evergrande Group lost control of some of its property projects around the country, as&#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-124721","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-wrD","jetpack-related-posts":[{"id":122808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hong-kong-banks-report-third-quarter-results-as-concerns-swirl-over-worlds-most-indebted-developer\/","url_meta":{"origin":124721,"position":0},"title":"Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world\u2019s most indebted developer","date":"October 25, 2021","format":false,"excerpt":"\r Investors will be looking for any warning signs in the mainland lending portfolios of Hong Kong\u2019s banks as they prepare to report their third-quarter results against the backdrop of rising concerns about China Evergrande Group\u2019s debt crisis and its potential effects on China\u2019s property sector.HSBC will be the first\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-developer-china-evergrande-gets-approval-to-spin-off-property-management-business-raise-fresh-capital-in-hong-kong\/","url_meta":{"origin":124721,"position":1},"title":"Indebted developer China Evergrande gets approval to spin off property management business, raise fresh capital in Hong Kong","date":"September 25, 2020","format":false,"excerpt":"\r Indebted mainland property developer China Evergrande said on Friday it had received approval from the Hong Kong exchange to spin off its property management business, which would allow it to raise fresh capital.The Shenzhen-based company, China\u2019s biggest property developer, made the proposal on July 31 and will soon apply\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-china-evergrande-faces-risk-of-loan-defaults-legal-action-billionaire-chairman-hui-ka-yan-admits-as-profit-tanks\/","url_meta":{"origin":124721,"position":2},"title":"Indebted China Evergrande faces risk of loan defaults, legal action, billionaire chairman Hui Ka-yan admits as profit tanks","date":"August 31, 2021","format":false,"excerpt":"\r The billionaire chairman of the world\u2019s most indebted developer, China Evergrande, has admitted his company faces the risks of defaulting on loans and legal action from creditors.Hui Ka-yan, who founded the Shenzhen-based home builder in 1996, made the rare admission in an earnings statement on Tuesday as Evergrande reported\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-halts-trading-of-its-stock-and-subsidiaries-rising-expectations-of-an-overhaul-in-the-worlds-most-indebted-developer\/","url_meta":{"origin":124721,"position":3},"title":"Evergrande halts trading of its stock and subsidiaries, rising expectations of an overhaul in the world\u2019s most indebted developer","date":"March 21, 2022","format":false,"excerpt":"\r Trading was halted for the shares of China Evergrande Group and two of its units on the Hong Kong stock exchange on Monday, raising expectations of an impending announcement in the restructuring of the world\u2019s most indebted property developer.Evergrande\u2019s shares were halted along with the stock of the Evergrande\u2026","rel":"","context":"In &quot;Property News&quot;","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":124721,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125599,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-to-delay-2021-results-due-to-unfinished-audit-and-efforts-to-overhaul-worlds-most-indebted-developer\/","url_meta":{"origin":124721,"position":5},"title":"China Evergrande to delay 2021 results due to unfinished audit and efforts to overhaul world\u2019s most indebted developer","date":"March 22, 2022","format":false,"excerpt":"\r China Evergrande Group said it would delay the release of its 2021 financial results, as the world\u2019s most indebted developer engages with investors to overhaul a sprawling business with 1.97 trillion yuan (US$310 billion) in liabilities.Evergrande said it would not be able to publish its 2021 financial results by\u2026","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\/124721"}],"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=124721"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124721\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}