{"id":130718,"date":"2022-10-13T17:42:13","date_gmt":"2022-10-13T10:42:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cifi-defaults-on-bond-triggering-sell-off-of-developers-fears-chinese-property-debt-crisis-is-spreading\/"},"modified":"2022-10-13T18:00:24","modified_gmt":"2022-10-13T11:00:24","slug":"cifi-defaults-on-bond-triggering-sell-off-of-developers-fears-chinese-property-debt-crisis-is-spreading","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cifi-defaults-on-bond-triggering-sell-off-of-developers-fears-chinese-property-debt-crisis-is-spreading\/","title":{"rendered":"Cifi defaults on bond,  triggering sell-off of developers, fears Chinese property debt crisis is spreading"},"content":{"rendered":"<p>&#013;<br \/>\nCifi Holdings\u2019 first offshore bond default sparks fears that the debt crisis gripping China\u2019s property sector is spreading to developers previously deemed financially sound.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3195864\/cifi-defaults-bond-triggering-sell-developers-fears-chinese-property-debt?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Cifi defaults on bond,  triggering sell-off of developers, fears Chinese property debt crisis is spreading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Cifi Holdings\u2019 first offshore bond default sparks fears that the debt crisis gripping China\u2019s property&#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-130718","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-y0m","jetpack-related-posts":[{"id":102367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-cifi-holdings-bucks-high-coupon-trend-on-us400-million-bond\/","url_meta":{"origin":130718,"position":0},"title":"Mainland developer CIFI Holdings bucks high coupon trend on US$400 million bond","date":"December 18, 2018","format":false,"excerpt":"\r Hong Kong-listed CIFI Holdings (Group) on Tuesday became the latest mainland developer to issue bonds as they face surging refinance demand as more than US$37 billion worth of debt matures next year. Bond defaults among Chinese developers is on the rise, with Xinhua reporting in November that at least\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-cifi-to-sell-shares-worth-us327-8-million-in-property-management-unit-to-ease-liquidity-crisis\/","url_meta":{"origin":130718,"position":1},"title":"Chinese developer CIFI to sell shares worth US$327.8 million in property-management unit to ease liquidity crisis","date":"December 12, 2022","format":false,"excerpt":"\r CIFI Holdings Group is disposing of shares in a subsidiary to ease its liquidity crisis, the Chinese developer said on Monday, joining a flurry of asset sales by similarly indebted developers.\r \r Source : South China Morning Post\r Read more...Chinese developer CIFI to sell shares worth US7.8 million in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spook-investors-as-cifi-halts-bond-payments-after-longfor-country-garden-roil-markets\/","url_meta":{"origin":130718,"position":2},"title":"Chinese developers spook investors as CIFI halts bond payments after Longfor, Country Garden roil markets","date":"November 1, 2022","format":false,"excerpt":"\r The company joins Country Garden and Longfor on a list of developers once considered healthy but exhibiting signs of distress this week, as the situation in China\u2019s housing market deteriorates further.\r \r Source : South China Morning Post\r Read more...Chinese developers spook investors as CIFI halts bond payments after\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-cifi-looks-to-offload-prized-shanghai-commercial-property-assets-after-1-5-billion-yuan-bond-fails-to-take-off\/","url_meta":{"origin":130718,"position":3},"title":"Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off","date":"March 9, 2023","format":false,"excerpt":"\r Chinese property developer CIFI Holdings is looking to sell its crown-jewel assets in Shanghai, including its headquarters, after its state-guaranteed yuan bond issuance hit a snag.\r \r Source : South China Morning Post\r Read more...Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/distressed-chinese-developer-cifi-offers-up-new-proposal-hoping-to-slash-us7-billion-offshore-debt-by-half\/","url_meta":{"origin":130718,"position":4},"title":"Distressed Chinese developer CIFI offers up new proposal hoping to slash US$7 billion offshore debt by half","date":"January 3, 2024","format":false,"excerpt":"\r Embattled CIFI Holdings put forward a revamped proposal that offers creditors maturity extensions with different haircut levels or partial equitisation.\r \r Source : South China Morning Post\r Read more...Distressed Chinese developer CIFI offers up new proposal hoping to slash US billion offshore debt by half","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-cifi-swings-into-a-loss-in-the-first-half-of-the-year-shares-plunge-after-trading-suspension-lifted\/","url_meta":{"origin":130718,"position":5},"title":"Chinese property developer CIFI swings into a loss in the first half of the year, shares plunge after trading suspension lifted","date":"September 27, 2023","format":false,"excerpt":"\r Debt-stricken developer CIFI Holdings Group saw its shares plunge by the most on record after trading resumed following a six-month suspension, with the company unveiling overnight a loss in the first half of the year.\r \r Source : South China Morning Post\r Read more...Chinese property developer CIFI swings into\u2026","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\/130718"}],"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=130718"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130718\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}