{"id":138779,"date":"2023-08-14T10:28:00","date_gmt":"2023-08-14T03:28:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-deepens-country-garden-shares-slide-on-bond-suspension-while-sino-ocean-misses-interest-payments\/"},"modified":"2023-08-14T10:38:45","modified_gmt":"2023-08-14T03:38:45","slug":"china-property-crisis-deepens-country-garden-shares-slide-on-bond-suspension-while-sino-ocean-misses-interest-payments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-deepens-country-garden-shares-slide-on-bond-suspension-while-sino-ocean-misses-interest-payments\/","title":{"rendered":"China property crisis deepens: Country Garden shares slide on bond suspension while Sino-Ocean misses interest payments"},"content":{"rendered":"


\nState-backed developer Sino-Ocean Group Holdings missed interest payments, and shares in developer Country Garden slumped further after it suspended trading of some onshore bonds.
\n
\nSource : South China Morning Post
\nRead more…China property crisis deepens: Country Garden shares slide on bond suspension while Sino-Ocean misses interest payments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

State-backed developer Sino-Ocean Group Holdings missed interest payments, and shares in developer Country Garden slumped...<\/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-138779","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-A6n","jetpack-related-posts":[{"id":138701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-stocks-bonds-tumble-after-chinese-developer-misses-us22-5-million-coupon-payments-on-offshore-note\/","url_meta":{"origin":138779,"position":0},"title":"Country Garden\u2019s stocks, bonds tumble after Chinese developer misses US$22.5 million coupon payments on offshore note","date":"August 8, 2023","format":false,"excerpt":"\r Country Garden Holdings, one of China\u2019s biggest property developers by sales, tumbled in both the shares and bonds markets amid concerns about its debt problems after it missed two US dollar bond coupon payments on Tuesday.\r \r Source : South China Morning Post\r Read more...Country Garden\u2019s stocks, bonds tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139846,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-sino-ocean-seeks-to-extend-interest-payment-deadline-on-3-billion-yuan-onshore-bond\/","url_meta":{"origin":138779,"position":1},"title":"Chinese developer Sino-Ocean seeks to extend interest payment deadline on 3 billion yuan onshore bond","date":"October 13, 2023","format":false,"excerpt":"\r Sino-Ocean plans to seek creditors\u2019 approval to extend interest payment on an onshore bond due October 19, but it would pay interest on an offshore bond due October 26.\r \r Source : South China Morning Post\r Read more...Chinese developer Sino-Ocean seeks to extend interest payment deadline on 3 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sino-ocean-freezes-payments-on-us4-billion-bonds-other-offshore-debt-to-pursue-restructuring-as-chinas-housing-slump-persists\/","url_meta":{"origin":138779,"position":2},"title":"Sino-Ocean freezes payments on US$4 billion bonds, other offshore debt to pursue restructuring as China\u2019s housing slump persists","date":"September 15, 2023","format":false,"excerpt":"\r State-linked developer Sino-Ocean will stop servicing its offshore debt, including almost US$4 billion of bonds, to pursue a debt restructuring. This signals China\u2019s housing market is far from reversing a three-year slump.\r \r Source : South China Morning Post\r Read more...Sino-Ocean freezes payments on US billion bonds, other offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138479,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-sino-ocean-seeks-12-month-reprieve-to-repay-us280-million-bond-amid-liquidity-squeeze-maturity-wall\/","url_meta":{"origin":138779,"position":3},"title":"Chinese developer Sino-Ocean seeks 12-month reprieve to repay US$280 million bond amid liquidity squeeze, maturity wall","date":"July 25, 2023","format":false,"excerpt":"\r Chinese developer Sino-Ocean has proposed to roll over a bond by 12 months as it struggles with a liquidity squeeze. Bondholders have demanded a full repayment when due on August 2.\r \r Source : South China Morning Post\r Read more...Chinese developer Sino-Ocean seeks 12-month reprieve to repay US0 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138384,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-junk-bonds-suffer-worst-slide-of-2023-on-repayment-woes-sino-ocean-wanda-shui-on-bear-brunt-of-the-selling\/","url_meta":{"origin":138779,"position":4},"title":"China junk bonds suffer worst slide of 2023 on repayment woes; Sino-Ocean, Wanda, Shui On bear brunt of the selling","date":"July 19, 2023","format":false,"excerpt":"\r China property bonds such as those from state-backed Sino-Ocean Group, Dalian Wanda Group and Shui On Land among those sold in the market as debt concerns continue to plague the sector.\r \r Source : South China Morning Post\r Read more...China junk bonds suffer worst slide of 2023 on repayment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":99212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-wuzhou-international-misses-us204-million-in-bond-payments\/","url_meta":{"origin":138779,"position":5},"title":"China\u2019s Wuzhou International misses US$204 million in bond payments","date":"October 5, 2018","format":false,"excerpt":"\r Troubled mainland Chinese developer Wuzhou International Holdings said it had missed 1.4 billion yuan (US$204 million) in bonds payments and was also facing claims for at least 756 million yuan, adding to a string of earlier defaults and financial woes. The company\u2019s revelation comes amid the rising the number\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\/138779"}],"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=138779"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138779\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}