{"id":129367,"date":"2022-09-08T10:30:30","date_gmt":"2022-09-08T03:30:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-plunging-profits-leave-developers-struggling-to-generate-enough-cash-to-service-their-loans\/"},"modified":"2022-09-08T13:10:31","modified_gmt":"2022-09-08T06:10:31","slug":"china-property-crisis-plunging-profits-leave-developers-struggling-to-generate-enough-cash-to-service-their-loans","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-plunging-profits-leave-developers-struggling-to-generate-enough-cash-to-service-their-loans\/","title":{"rendered":"China property crisis: plunging profits leave developers struggling to generate enough cash to service their loans"},"content":{"rendered":"


\nThe debt crisis is deepening, as interim results from the country\u2019s biggest developers showed most of them struggling to generate enough cash to service their loans amid a slowing economy.
\n
\nSource : South China Morning Post
\nRead more…China property crisis: plunging profits leave developers struggling to generate enough cash to service their loans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The debt crisis is deepening, as interim results from the country\u2019s biggest developers showed most...<\/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-129367","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-xEz","jetpack-related-posts":[{"id":114329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-slashes-prices-of-all-new-flats-by-a-quarter-as-coronavirus-leaves-developers-struggling-with-plunging-house-sales\/","url_meta":{"origin":129367,"position":0},"title":"China Evergrande slashes prices of all new flats by a quarter as coronavirus leaves developers struggling with plunging house sales","date":"February 17, 2020","format":false,"excerpt":"\r One of China\u2019s largest developers will slash the prices of all its new flats by a quarter in what it says is the biggest ever nationwide price cut, as the coronavirus outbreak threatens to derail China\u2019s all-important housing market.China Evergrande, the country\u2019s third biggest builder by value, said it\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":129367,"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":124243,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-home-market-shows-sign-of-thawing-as-prices-slowed-their-declines-in-december-with-easier-loans-and-policy-support\/","url_meta":{"origin":129367,"position":2},"title":"China\u2019s home market shows sign of thawing as prices slowed their declines in December with easier loans and policy support","date":"January 15, 2022","format":false,"excerpt":"\r The prices of China\u2019s newly built homes declined at a slower rate in December, offering a bit of relief to dozens of property developers that are struggling with a cash crunch and mounting debt.The average price of new homes across 70 cities fell by 0.28 per cent in December\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":91021,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-under-pressure-as-key-funding-source-dries-up\/","url_meta":{"origin":129367,"position":3},"title":"Chinese developers under pressure as key funding source dries up","date":"June 9, 2018","format":false,"excerpt":"\r Chinese property developers are facing a potential cash crisis as they find themselves unable to access a key source of financing amid Beijing\u2019s crackdown on debt, according to analysts. The country\u2019s builders have long relied on the bond market to fund their operations and refinance existing loans, tapping a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tightened-mortgage-lending-has-pushed-hongkongers-into-arms-of-cash-rich-developers-and-their-expensive-property-loans\/","url_meta":{"origin":129367,"position":4},"title":"Tightened mortgage lending has pushed Hongkongers into arms of cash-rich developers and their expensive property loans","date":"May 22, 2019","format":false,"excerpt":"\r Squeezed out of owning an old home in the city by tightened mortgage rules, Hongkongers are increasingly buying smaller but more expensive new apartments. Unable to apply for an adequate mortgage from banks, they are turning to developers, who provide loans amounting to as much as 90 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12480,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/struggling-hong-kong-property-owners-cheated-in-mortgage-scam\/","url_meta":{"origin":129367,"position":5},"title":"Struggling Hong Kong property owners cheated in mortgage scam","date":"May 9, 2016","format":false,"excerpt":"\r More than 400 people have been cheated out of at least HK$320 million by scammers acting as middlemen to secure loans for struggling property owners and plunging them further into debt.\r \r Source : South China Morning Post\r Read more...Struggling Hong Kong property owners cheated in mortgage scam","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\/129367"}],"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=129367"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129367\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}