{"id":126950,"date":"2022-06-07T12:30:27","date_gmt":"2022-06-07T05:30:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-hai-says-creditors-are-freezing-its-assets-as-it-comes-up-short-to-meet-us350-million-of-notes-due-this-weekend\/"},"modified":"2022-06-07T13:29:21","modified_gmt":"2022-06-07T06:29:21","slug":"nan-hai-says-creditors-are-freezing-its-assets-as-it-comes-up-short-to-meet-us350-million-of-notes-due-this-weekend","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-hai-says-creditors-are-freezing-its-assets-as-it-comes-up-short-to-meet-us350-million-of-notes-due-this-weekend\/","title":{"rendered":"Nan Hai says creditors are freezing its assets as it comes up short to meet US$350 million of notes due this weekend"},"content":{"rendered":"


\nThe action underscores how the finances of Nan Hai have fallen victim to the Covid-19 pandemic and China\u2019s property crackdown, as its revenue from cinemas and real estate plunged in mainland China.
\n
\nSource : South China Morning Post
\nRead more…Nan Hai says creditors are freezing its assets as it comes up short to meet US0 million of notes due this weekend<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The action underscores how the finances of Nan Hai have fallen victim to the Covid-19...<\/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-126950","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-x1A","jetpack-related-posts":[{"id":140246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-sales-remain-at-deflated-level-as-chinas-property-crisis-forces-developer-nan-hai-to-delist\/","url_meta":{"origin":126950,"position":0},"title":"Country Garden\u2019s sales remain at deflated level as China\u2019s property crisis forces developer Nan Hai to delist","date":"November 10, 2023","format":false,"excerpt":"\r The indebted developer on Friday reported that October sales remained near a punishing low established in September amid a collapse of buyer confidence. Meanwhile, developer Nan Hai is forced to delist in Hong Kong.\r \r Source : South China Morning Post\r Read more...Country Garden\u2019s sales remain at deflated level\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-arm-of-nan-hai-corp-forces-staff-to-stand-down-for-six-months-due-to-tough-financial-conditions-social-media-posts\/","url_meta":{"origin":126950,"position":1},"title":"Property arm of Nan Hai Corp forces staff to stand down for six months due to tough financial conditions: social media posts","date":"May 31, 2022","format":false,"excerpt":"\r Nan Hai Corporation issued a profit warning in March saying it had been impacted by property market downturn and pandemic disruption.\r \r Source : South China Morning Post\r Read more...Property arm of Nan Hai Corp forces staff to stand down for six months due to tough financial conditions: social\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-home-buyers-return-in-droves-helping-nan-fung-and-sino-land-sell-three-of-four-flats-in-lohas-park-and-ma-on-shan\/","url_meta":{"origin":126950,"position":2},"title":"Hong Kong\u2019s home buyers return in droves, helping Nan Fung and Sino Land sell three of four flats in Lohas Park and Ma On Shan","date":"January 30, 2021","format":false,"excerpt":"\r Hong Kong\u2019s homebuyers snapped up 206 new flats, or three of every four units put on the market on Saturday in one of the city\u2019s biggest sales launches, as they sought to park their money in fixed assets amid low interest rates.Nan Fung Group and MTR Corporation sold 173\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nan-fung-wins-large-housing-site-in-tseung-kwan-o\/","url_meta":{"origin":126950,"position":3},"title":"Hong Kong developer Nan Fung wins large housing site in Tseung Kwan O","date":"March 9, 2016","format":false,"excerpt":"\r Nan Fung Development, a privately run Hong Kong developer, outbid six Hong Kong and mainland China developers to win the development rights for a large, waterfront, mass-residential project in Tseung Kwan O.\r \r Source : South China Morning Post\r Read more...Hong Kong developer Nan Fung wins large housing site\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-huis-arrest-clouds-debt-support-deal-with-offshore-creditors-access-to-assets\/","url_meta":{"origin":126950,"position":4},"title":"Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors, access to assets","date":"September 29, 2023","format":false,"excerpt":"\r China Evergrande\u2019s US$20 billion debt workout plan is at risk of falling apart in the home stretch, as the \u2018arrest\u2019 of Hui Ka-yan clouds the founder\u2019s capacity to deliver his obligations.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nan-fung-cuts-price-of-new-flats-as-hong-kongs-property-market-sours-further\/","url_meta":{"origin":126950,"position":5},"title":"Nan Fung cuts price of new flats as Hong Kong\u2019s property market sours further","date":"October 5, 2018","format":false,"excerpt":"\r A second developer has lowered the asking price of brand new flats in Hong Kong as a toxic combination of rising interest rates, a struggling stock market and the fallout from the US-China trade war dampen demand in the world\u2019s most expensive property market. Nan Fung Development has priced\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\/126950"}],"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=126950"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/126950\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=126950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=126950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=126950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}