{"id":135623,"date":"2023-03-25T09:00:22","date_gmt":"2023-03-25T02:00:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-evergrande-shimao-and-other-fallen-tycoons-rush-for-lifelines-to-fix-us232-billion-debt-headache\/"},"modified":"2023-03-25T09:14:01","modified_gmt":"2023-03-25T02:14:01","slug":"chinas-property-crisis-evergrande-shimao-and-other-fallen-tycoons-rush-for-lifelines-to-fix-us232-billion-debt-headache","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-evergrande-shimao-and-other-fallen-tycoons-rush-for-lifelines-to-fix-us232-billion-debt-headache\/","title":{"rendered":"China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache"},"content":{"rendered":"


\nChina\u2019s expected economic revival will leave fallen property tycoons behind, missing the crucial liquidity train. The window to reorganise their offshore debts may be closing, as talk about another recession persists.
\n
\nSource : South China Morning Post
\nRead more…China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US2 billion debt headache<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China\u2019s expected economic revival will leave fallen property tycoons behind, missing the crucial liquidity train....<\/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-135623","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-zht","jetpack-related-posts":[{"id":121779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-makes-executives-sign-pledges-to-assure-buyers-that-evergrande-can-deliver-homes-even-with-us305-billion-of-debt\/","url_meta":{"origin":135623,"position":0},"title":"Tycoon makes executives sign pledges to assure buyers that Evergrande can deliver homes even with US$305 billion of debt","date":"September 1, 2021","format":false,"excerpt":"\r Hui Ka-yan, one of China\u2019s wealthiest tycoons and chairman of the world\u2019s most indebted real estate developer, made his first public appearance since July to assure the public that China Evergrande Group was able to complete its property projects.Hui, also known as Xu Jiayin in mainland China, appeared in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-hui-ka-yan-topples-chinas-top-two-tech-tycoons-to-become-countrys-richest-man-for-a-day\/","url_meta":{"origin":135623,"position":1},"title":"Evergrande\u2019s Hui Ka-yan topples China\u2019s top two tech tycoons to become country\u2019s richest man \u2013 for a day","date":"September 18, 2017","format":false,"excerpt":"\r Hui Ka-yan, 58, chairman of property developer China Evergrande, became China\u2019s richest man \u2013 unseating Tencent\u2019s Ma Huateng and Alibaba\u2019s Jack Ma Yun \u2013 for a day. The Henan-born Hui\u2019s wealth advance has been driven by an extraordinary rally in Hong Kong-listed Evergrande\u2019s share price. The country\u2019s largest home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-evergrande-tops-chinese-businesses-taking-assets-off-hong-kong-tycoons\/","url_meta":{"origin":135623,"position":2},"title":"Developer Evergrande tops Chinese businesses taking assets off Hong Kong tycoons","date":"December 29, 2015","format":false,"excerpt":"\r Chinese developer Evergrande Real Estate on Tuesday announced it is buying five projects from Hong Kong tycoon Cheng Yu-tung\u2019s New World Development Group and Chow Tai Fook Enterprises for 20.4 billion yuan (HK$24.4 billion), in the latest instance of cash-rich mainland i\r \r Source : South China Morning Post\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124602,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-auditor-resignations-trigger-alarm-bells-amid-hidden-debt-at-chinese-property-developers\/","url_meta":{"origin":135623,"position":3},"title":"Evergrande crisis: auditor resignations trigger alarm bells amid hidden debt at Chinese property developers","date":"February 16, 2022","format":false,"excerpt":"\r A spate of auditor resignations at Chinese property companies is reigniting concerns about financial transparency in an industry facing a credit squeeze and more than US$60 billion of bond redemptions this year.PwC quit its role at Hopson Development on January 27, citing inadequate access to necessary information, while Deloitte\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-group-shimao-feels-chill-of-sectors-liquidity-crisis\/","url_meta":{"origin":135623,"position":4},"title":"Chinese property group Shimao feels chill of sector\u2019s liquidity crisis","date":"February 4, 2022","format":false,"excerpt":"\r Developer sucked into bond market sell-off following Evergrande collapse\r \r Source : ft.com\r Read more...Chinese property group Shimao feels chill of sector\u2019s liquidity crisis","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128327,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-once-hailed-as-one-of-chinas-stronger-developers-sued-by-uob-over-terms-of-us1-3-billion-loan\/","url_meta":{"origin":135623,"position":5},"title":"Shimao, once hailed as one of China\u2019s stronger developers, sued by UOB over terms of US$1.3 billion loan","date":"July 28, 2022","format":false,"excerpt":"\r Shimao, China\u2019s 22nd biggest developer by sales in the first half, was once considered one of the country\u2019s stronger developers, but had been trading at distressed levels in the dollar bond market for months now.\r \r Source : South China Morning Post\r Read more...Shimao, once hailed as one of\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\/135623"}],"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=135623"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/135623\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=135623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=135623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=135623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}