{"id":137168,"date":"2023-05-30T10:27:27","date_gmt":"2023-05-30T03:27:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-details-us127-billion-pile-of-liabilities-as-chinese-developers-debt-unpaid-bills-and-lawsuits-mount\/"},"modified":"2023-05-30T10:28:56","modified_gmt":"2023-05-30T03:28:56","slug":"evergrande-details-us127-billion-pile-of-liabilities-as-chinese-developers-debt-unpaid-bills-and-lawsuits-mount","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-details-us127-billion-pile-of-liabilities-as-chinese-developers-debt-unpaid-bills-and-lawsuits-mount\/","title":{"rendered":"Evergrande details US$127 billion pile of liabilities as Chinese developer\u2019s debt, unpaid bills and lawsuits mount"},"content":{"rendered":"<p>&#013;<br \/>\nOverdue debt, unpaid bills, and payments involved in lawsuits have piled up to nearly US$127 billion, the company revealed in a stock-exchange filing.&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/china-business\/article\/3222263\/evergrande-details-us127-billion-pile-liabilities-chinese-developers-debt-unpaid-bills-and-lawsuits?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Evergrande details US7 billion pile of liabilities as Chinese developer\u2019s debt, unpaid bills and lawsuits mount<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Overdue debt, unpaid bills, and payments involved in lawsuits have piled up to nearly US$127&#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-137168","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-zGo","jetpack-related-posts":[{"id":124104,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-four-grandiose-projects-that-sum-up-indebted-chinese-developers-reckless-expansion\/","url_meta":{"origin":137168,"position":0},"title":"Evergrande crisis: four grandiose projects that sum up indebted Chinese developer\u2019s \u2018reckless expansion\u2019","date":"January 5, 2022","format":false,"excerpt":"\r China Evergrande is lurching from one crisis to another. From its home delivery snag to ongoing debt repayment troubles, more than US$52 billion of market value has been erased from the slump in its two flagship entities in Hong Kong over the past 12 months.The group had 1.97 trillion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124409,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long\/","url_meta":{"origin":137168,"position":1},"title":"China Evergrande seeks legal recourse after creditor Oaktree seized indebted developer\u2019s Versailles-like project in Yuen Long","date":"January 30, 2022","format":false,"excerpt":"\r China Evergrande Group\u2019s Palace of Versailles-like project in Yuen Long \u2013 used as a collateral to restructure part of the company\u2019s massive debt \u2013 was recently seized by creditor Oaktree Capital, which has appointed receivers for the asset.The Shenzhen-based developer, which is saddled with US$310 billion in total liabilities,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122056,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-staunchest-allies-drop-out-as-chinese-property-developers-creditworthiness-deteriorates-amid-debt-woes\/","url_meta":{"origin":137168,"position":2},"title":"Evergrande\u2019s staunchest allies drop out as Chinese property developer\u2019s creditworthiness deteriorates amid debt woes","date":"September 17, 2021","format":false,"excerpt":"\r Two of the property magnate Hui Ka-yan\u2019s staunchest allies appear to be bailing out of China Evergrande Group, selling a large chunk of the developer\u2019s stock ahead of a gathering storm and deteriorating credit ratings over US$300 billion in liabilities.Joseph Lau Luen-hung, the founder of Hong Kong developer Chinese\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-centaline-property-agency-plans-further-legal-action-against-embattled-developers-hong-kong-subsidiary-to-recoup-unpaid-commission\/","url_meta":{"origin":137168,"position":3},"title":"Evergrande Crisis: Centaline Property Agency plans further legal action against embattled developer\u2019s Hong Kong subsidiary to recoup \u2018unpaid commission\u2019","date":"December 29, 2021","format":false,"excerpt":"\r Hong Kong\u2019s biggest property sales agency plans to take further legal action against a subsidiary of China Evergrande Group to recoup \u201cunpaid commission\u201d from the troubled developer.Centaline Property Agency said it will apply through the courts to chase HK$113 million (US$14.5 million) it claims it is owed by Evergrande\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-concerns-linger-even-as-embattled-developers-hengda-unit-makes-interest-payment-on-us327-million-onshore-bond\/","url_meta":{"origin":137168,"position":4},"title":"Evergrande: concerns linger even as embattled developer\u2019s Hengda unit makes interest payment on US$327 million onshore bond","date":"October 19, 2021","format":false,"excerpt":"\r China Evergrande Group made its first interest payment on its corporate bonds in nearly a month on Tuesday as questions continue to swirl about its ability to service its massive pile of debt accumulated from years of aggressive expansion beyond its core property business, according to people familiar with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-chinese-developer-hiring-more-legal-advisers-to-tackle-debt\/","url_meta":{"origin":137168,"position":5},"title":"Evergrande crisis: Chinese developer hiring more legal advisers to tackle debt","date":"January 21, 2022","format":false,"excerpt":"\r China Evergrande Group said it was hiring more financial and legal advisers to deal with creditors\u2019 demands, after a group of offshore bondholders warned of enforcement action, taking it a step forward in resolving its debt issues.The embattled developer, struggling with 1.97 trillion yuan (US$305 billion) of liabilities, said\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\/137168"}],"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=137168"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137168\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}