{"id":129788,"date":"2022-09-15T19:43:37","date_gmt":"2022-09-15T12:43:37","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/state-owned-home-builder-sino-ocean-group-has-credit-rating-cut-to-junk-by-fitch-following-moodys-downgrade-in-august\/"},"modified":"2022-09-15T20:19:13","modified_gmt":"2022-09-15T13:19:13","slug":"state-owned-home-builder-sino-ocean-group-has-credit-rating-cut-to-junk-by-fitch-following-moodys-downgrade-in-august","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/state-owned-home-builder-sino-ocean-group-has-credit-rating-cut-to-junk-by-fitch-following-moodys-downgrade-in-august\/","title":{"rendered":"State-owned home builder Sino-Ocean Group has credit rating cut to junk by Fitch, following Moody\u2019s downgrade in August"},"content":{"rendered":"<p>&#013;<br \/>\nFitch said that the downgrade reflected tightened liquidity at a Sino-Ocean finance unit, which has had a negative impact on rating.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3192638\/state-owned-home-builder-sino-ocean-group-has-credit-rating-cut-junk-fitch?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">State-owned home builder Sino-Ocean Group has credit rating cut to junk by Fitch, following Moody\u2019s downgrade in August<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Fitch said that the downgrade reflected tightened liquidity at a Sino-Ocean finance unit, which has&#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-129788","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-xLm","jetpack-related-posts":[{"id":121886,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fitch-says-some-kind-of-default-appears-probable-at-china-evergrande-cuts-debt-rating-along-with-moodys\/","url_meta":{"origin":129788,"position":0},"title":"Fitch says \u2018some kind of default appears probable\u2019 at China Evergrande, cuts debt rating along with Moody\u2019s","date":"September 8, 2021","format":false,"excerpt":"\r Two major credit rating agencies have downgraded the long-term debt of the world\u2019s most indebted property developer, China Evergrande, saying the company faces a \u201chigh default risk\u201d.Fitch Ratings said on Wednesday that it cut its long-term foreign-currency issuer default ratings for the Shenzhen-based home builder and its subsidiaries to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153789,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-moodys-downgrade-of-u-s-credit-rating-means-for-your-money\/","url_meta":{"origin":129788,"position":1},"title":"What Moody\u2019s downgrade of U.S. credit rating means for your money","date":"May 20, 2025","format":false,"excerpt":"\r Moody's decision to downgrade the U.S. credit rating may have far-reaching consequences for your money, experts say.\r \r Source : cnbc.com\r Read more...What Moody\u2019s downgrade of U.S. credit rating means for your money","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-jiayuan-and-subsidiarys-shares-suspended-after-stock-pledge-to-shk-finance-moodys-rating-downgrade\/","url_meta":{"origin":129788,"position":2},"title":"Chinese developer Jiayuan and subsidiary\u2019s shares suspended after stock pledge to SHK Finance, Moody\u2019s rating downgrade","date":"May 18, 2022","format":false,"excerpt":"\r The crash came after a company owned by chairman Shum Tin Ching pledged shares in Jiayuan International and Jiayuan Services to SHK Finance a day after Moody\u2019s downgraded their rating.\r \r Source : South China Morning Post\r Read more...Chinese developer Jiayuan and subsidiary\u2019s shares suspended after stock pledge to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-claims-moodys-junk-level-downgrade-is-manageable-as-shares-and-bonds-gain-on-bailout-reports\/","url_meta":{"origin":129788,"position":3},"title":"Developer China Vanke claims Moody\u2019s junk-level downgrade is manageable as shares and bonds gain on bailout reports","date":"March 12, 2024","format":false,"excerpt":"\r The impact of Monday\u2019s downgrade is \u2018controllable\u2019, the second-largest Chinese developer says. Its shares rose more than 10 per cent to HK$6.30 on Tuesday on belief commercial banks will raise up to US$11.1 billion to repay its debts.\r \r Source : South China Morning Post\r Read more...Developer China Vanke\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-kaisa-group-in-restricted-default-after-missing-bond-payments-fitch-says\/","url_meta":{"origin":129788,"position":4},"title":"China Evergrande, Kaisa Group in \u2018restricted default\u2019 after missing bond payments, Fitch says","date":"December 9, 2021","format":false,"excerpt":"\r Embattled Chinese property developer China Evergrande Group and Kaisa Group Holdings have been downgraded to \u201crestricted default\u201d by international rating agency Fitch Ratings.The downgrade on Thursday comes after several attempts by China Evergrande, the world\u2019s most indebted developer, to stave off such an event through last-minute bond payments a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/moodys-withdraws-wework-ratings-citing-lack-of-information\/","url_meta":{"origin":129788,"position":5},"title":"Moody\u2019s withdraws WeWork ratings citing lack of information","date":"August 30, 2018","format":false,"excerpt":"\r Office space provider had only paid S&P and Fitch for credit rating in April\r \r Source : ft.com\r Read more...Moody\u2019s withdraws WeWork ratings citing lack of information","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\/129788"}],"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=129788"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/129788\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=129788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=129788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=129788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}