{"id":128490,"date":"2022-08-05T12:39:50","date_gmt":"2022-08-05T05:39:50","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-cancels-land-deal-for-us818-million-refund-to-overcome-liquidity-crisis-end-grandiose-football-stadium-plan\/"},"modified":"2022-08-05T13:40:30","modified_gmt":"2022-08-05T06:40:30","slug":"china-evergrande-cancels-land-deal-for-us818-million-refund-to-overcome-liquidity-crisis-end-grandiose-football-stadium-plan","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-cancels-land-deal-for-us818-million-refund-to-overcome-liquidity-crisis-end-grandiose-football-stadium-plan\/","title":{"rendered":"China Evergrande cancels land deal for US$818 million refund to overcome liquidity crisis, end grandiose football stadium plan"},"content":{"rendered":"


\nDistressed developer seeks a refund from the local government by surrendering land-use rights in Guangzhou, ending a plan to build a football stadium larger than Camp Nou in Barcelona.
\n
\nSource : South China Morning Post
\nRead more…China Evergrande cancels land deal for US8 million refund to overcome liquidity crisis, end grandiose football stadium plan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Distressed developer seeks a refund from the local government by surrendering land-use rights in Guangzhou,...<\/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-128490","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-xqq","jetpack-related-posts":[{"id":122720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-cancels-us250-million-bond-repayment-plan-on-liquidity-issues\/","url_meta":{"origin":128490,"position":0},"title":"Evergrande crisis: developer Modern Land (China) cancels US$250 million bond repayment plan on liquidity issues","date":"October 21, 2021","format":false,"excerpt":"\r China\u2019s property market has taken another turn for the worse as developer Modern Land (China) has cancelled its plan to repay a portion of a US$250 million junk bond and extend it just days before it was set to mature, joining China Evergrande Group and other peers in a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137269,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-property-service-unit-unruffled-by-parents-liquidity-crisis-in-talks-for-refund-of-guarantee-for-developers-loans\/","url_meta":{"origin":128490,"position":1},"title":"Evergrande\u2019s property service unit unruffled by parent\u2019s liquidity crisis, in talks for refund of guarantee for developer\u2019s loans","date":"June 6, 2023","format":false,"excerpt":"\r Evergrande Property Services reveals profits for the year to December 31, 2022, and says it is in talks for repayment of funds involved in the loan guarantees of 13.4 billion yuan that were seized by creditors.\r \r Source : South China Morning Post\r Read more...Evergrande\u2019s property service unit unruffled\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-electric-car-division-cancels-shanghai-listing\/","url_meta":{"origin":128490,"position":2},"title":"Evergrande electric car division cancels Shanghai listing","date":"September 27, 2021","format":false,"excerpt":"\r Hong Kong shares of Chinese property group unit fall by a quarter as liquidity crisis broadens\r \r Source : ft.com\r Read more...Evergrande electric car division cancels Shanghai listing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131735,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-surrenders-11-plots-of-land-to-wuhan-with-zero-refund-after-letting-them-sit-idle-since-2017\/","url_meta":{"origin":128490,"position":3},"title":"Evergrande surrenders 11 plots of land to Wuhan with zero refund, after letting them sit idle since 2017","date":"November 22, 2022","format":false,"excerpt":"\r Evergrande Technology Tourism City is one among the dozens of property projects strewn across China that the Guangzhou-based developer \u2013 with more than US$300 billion of liabilities \u2013 is struggling to complete and deliver to buyers.\r \r Source : South China Morning Post\r Read more...Evergrande surrenders 11 plots of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124104,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-four-grandiose-projects-that-sum-up-indebted-chinese-developers-reckless-expansion\/","url_meta":{"origin":128490,"position":4},"title":"Evergrande crisis: four grandiose projects that sum up indebted Chinese developer\u2019s \u2018reckless expansion\u2019","date":"January 5, 2022","format":false,"excerpt":"\r China Evergrande is lurching from one crisis to another. From its home delivery snag to ongoing debt repayment troubles, more than US$52 billion of market value has been erased from the slump in its two flagship entities in Hong Kong over the past 12 months.The group had 1.97 trillion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124038,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-if-last-year-was-bad-for-the-likes-of-evergrande-kaisa-and-fantasia-just-wait-for-2022-as-more-pain-predicted-for-investors\/","url_meta":{"origin":128490,"position":5},"title":"China property crisis: if last year was bad for the likes of Evergrande, Kaisa and Fantasia, just wait for 2022 as more pain predicted for investors","date":"January 1, 2022","format":false,"excerpt":"\r Last year has no doubt been difficult for Chinese developers and the pain could get worse in the new year for companies, homebuyers and investors alike. A liquidity crunch amid slowing home sales are likely to dominate sentiment.China Evergrande, Kaisa Group, Fantasia Holdings and Modern Land (China) all made\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\/128490"}],"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=128490"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/128490\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=128490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=128490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=128490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}