{"id":128327,"date":"2022-07-28T14:54:27","date_gmt":"2022-07-28T07:54:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-once-hailed-as-one-of-chinas-stronger-developers-sued-by-uob-over-terms-of-us1-3-billion-loan\/"},"modified":"2022-07-28T15:39:44","modified_gmt":"2022-07-28T08:39:44","slug":"shimao-once-hailed-as-one-of-chinas-stronger-developers-sued-by-uob-over-terms-of-us1-3-billion-loan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-once-hailed-as-one-of-chinas-stronger-developers-sued-by-uob-over-terms-of-us1-3-billion-loan\/","title":{"rendered":"Shimao, once hailed as one of China\u2019s stronger developers, sued by UOB over terms of US$1.3 billion loan"},"content":{"rendered":"


\nShimao, China\u2019s 22nd biggest developer by sales in the first half, was once considered one of the country\u2019s stronger developers, but had been trading at distressed levels in the dollar bond market for months now.
\n
\nSource : South China Morning Post
\nRead more…Shimao, once hailed as one of China\u2019s stronger developers, sued by UOB over terms of US.3 billion loan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shimao, China\u2019s 22nd biggest developer by sales in the first half, was once considered one...<\/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-128327","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-xnN","jetpack-related-posts":[{"id":124124,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-groups-shanghai-unit-defaults-on-us101m-project-loan-in-latest-blow-to-chinas-embattled-property-market\/","url_meta":{"origin":128327,"position":0},"title":"Shimao Group\u2019s Shanghai unit defaults on US$101m project loan in latest blow to China\u2019s embattled property market","date":"January 7, 2022","format":false,"excerpt":"\r A Shanghai construction materials supplier with links to the Shimao Group has defaulted on a US$101m project loan guaranteed by the Hong Kong-listed group, adding to its recent debt burden.Shanghai Shimao Construction Company failed to repay the proceeds as a guarantor for a project that raised funds for Shanghai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-evergrande-shimao-and-other-fallen-tycoons-rush-for-lifelines-to-fix-us232-billion-debt-headache\/","url_meta":{"origin":128327,"position":1},"title":"China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache","date":"March 25, 2023","format":false,"excerpt":"\r China\u2019s expected economic revival will leave fallen property tycoons behind, missing the crucial liquidity train. The window to reorganise their offshore debts may be closing, as talk about another recession persists.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144995,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-is-latest-developer-to-see-sales-rise-since-chinas-property-rescue-package\/","url_meta":{"origin":128327,"position":2},"title":"Shimao is latest developer to see sales rise since China\u2019s property rescue package","date":"June 7, 2024","format":false,"excerpt":"\r Shimao has become the latest Chinese home builder to report higher property sales aided by Beijing\u2019s stimulus package aimed at reviving its crisis-hit real estate sector.\r \r Source : South China Morning Post\r Read more...Shimao is latest developer to see sales rise since China\u2019s property rescue package","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105859,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-a-hotel-in-a-hole-to-chinas-tallest-tower-shimao-heir-apparent-ditches-cookie-cutter-for-landmark-buildings\/","url_meta":{"origin":128327,"position":3},"title":"From a hotel in a hole to China\u2019s tallest tower, Shimao heir apparent ditches cookie cutter for landmark buildings","date":"April 7, 2019","format":false,"excerpt":"\r Jason Hui Sai-tan, the 41-year-old president of Chinese developer Shimao Property Holdings, wants to turn the oft-used aphorism in China\u2019s real estate industry on its head, as he looks forward to building the country\u2019s tallest building, fresh from helping his father build China\u2019s deepest hotel.\u201cLand is flour, and we\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":145525,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/soho-china-shimao-rf-and-8-other-chinese-developers-may-be-ineligible-for-mainland-cash\/","url_meta":{"origin":128327,"position":4},"title":"Soho China, Shimao, R&F and 8 other Chinese developers may be ineligible for mainland cash","date":"June 27, 2024","format":false,"excerpt":"\r Several Hong Kong-listed Chinese property developers risk being excluded from the Stock Connect programme as their valuations have fallen below the statutory minimum.\r \r Source : South China Morning Post\r Read more...Soho China, Shimao, R&F and 8 other Chinese developers may be ineligible for mainland cash","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144331,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-shimao-aoyuan-get-stock-boost-as-cities-drop-curbs-investors-sense-major-shift-in-policy-support\/","url_meta":{"origin":128327,"position":5},"title":"Chinese developers Shimao, Aoyuan get stock boost as cities drop curbs, investors sense \u2018major shift\u2019 in policy support","date":"May 10, 2024","format":false,"excerpt":"\r \u2018Beijing is finally on the right course to clean up the mess in the property sector,\u2019 Nomura analysts said on Friday.\r \r Source : South China Morning Post\r Read more...Chinese developers Shimao, Aoyuan get stock boost as cities drop curbs, investors sense \u2018major shift\u2019 in policy support","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\/128327"}],"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=128327"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128327\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}