{"id":133091,"date":"2022-12-21T14:41:56","date_gmt":"2022-12-21T07:41:56","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-crimps-home-sales-to-7-per-cent-of-annual-takings-while-creditors-await-repayment\/"},"modified":"2022-12-21T14:44:03","modified_gmt":"2022-12-21T07:44:03","slug":"china-evergrande-crisis-crimps-home-sales-to-7-per-cent-of-annual-takings-while-creditors-await-repayment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-crimps-home-sales-to-7-per-cent-of-annual-takings-while-creditors-await-repayment\/","title":{"rendered":"China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment"},"content":{"rendered":"


\nThe slump in home sales showcases the extent of the cash crisis at China\u2019s once-biggest home builder. There is no good news for offshore creditors as a long-awaited restructuring plan remains elusive.
\n
\nSource : South China Morning Post
\nRead more…China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The slump in home sales showcases the extent of the cash crisis at China\u2019s once-biggest...<\/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-133091","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-yCD","jetpack-related-posts":[{"id":123292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt\/","url_meta":{"origin":133091,"position":0},"title":"China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt","date":"November 18, 2021","format":false,"excerpt":"\r China Evergrande Group exited its stake in internet company HengTen Networks Group, raising a further HK$2.13 billion (US$273 million) as the embattled developer faces deadlines to pay overdue interest on its debt next week.Evergrande sold 1.66 billion shares of HengTen to Allied Resources Investment Holdings at HK$1.28 a share,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-huis-arrest-clouds-debt-support-deal-with-offshore-creditors-access-to-assets\/","url_meta":{"origin":133091,"position":1},"title":"Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors, access to assets","date":"September 29, 2023","format":false,"excerpt":"\r China Evergrande\u2019s US$20 billion debt workout plan is at risk of falling apart in the home stretch, as the \u2018arrest\u2019 of Hui Ka-yan clouds the founder\u2019s capacity to deliver his obligations.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: Hui\u2019s \u2018arrest\u2019 clouds debt-support deal with offshore creditors,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-creditors-seek-to-drum-up-demand-for-hong-kong-trophy-headquarters-with-prospect-of-rebuilding-it-bigger\/","url_meta":{"origin":133091,"position":2},"title":"Evergrande crisis: creditors seek to drum up demand for Hong Kong trophy headquarters with prospect of rebuilding it bigger","date":"October 12, 2022","format":false,"excerpt":"\r The Hong Kong trophy building of troubled China Evergrande Group, recently put up for sale by receivers, is hoping to woo buyers with the prospect of building a higher tower on the spot overlooking the iconic Victoria Harbour.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: creditors\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":133091,"position":3},"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":122806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-work-resumes-on-10-projects-as-developer-restores-calm-buys-time-to-repay-more-creditors\/","url_meta":{"origin":133091,"position":4},"title":"Evergrande crisis: work resumes on 10 projects as developer restores calm, buys time to repay more creditors","date":"October 25, 2021","format":false,"excerpt":"\r China Evergrande said it has restarted work on more than 10 projects across six mainland cities, trying to portray some semblance of stability in its operations soon after averting a potentially calamitous default on its offshore debt.The developer, saddled with 1.97 trillion yuan (US$305 billion) of liabilities, identified the\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":133091,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133091"}],"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=133091"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}