{"id":138792,"date":"2023-08-15T17:00:12","date_gmt":"2023-08-15T10:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-nev-debt-laden-carmaker-gets-shot-of-capital-from-middle-east-firm-backed-by-chinese-investors\/"},"modified":"2023-08-15T17:09:42","modified_gmt":"2023-08-15T10:09:42","slug":"china-evergrande-nev-debt-laden-carmaker-gets-shot-of-capital-from-middle-east-firm-backed-by-chinese-investors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-nev-debt-laden-carmaker-gets-shot-of-capital-from-middle-east-firm-backed-by-chinese-investors\/","title":{"rendered":"China Evergrande NEV, debt-laden carmaker, gets shot of capital from Middle East firm backed by Chinese investors"},"content":{"rendered":"


\nThe carmaking unit under China Evergrande Group raises US$500 million via a share placement with Dubai-based NWTN, though analysts say neither company has a track record designing successful EVs.
\n
\nSource : South China Morning Post
\nRead more…China Evergrande NEV, debt-laden carmaker, gets shot of capital from Middle East firm backed by Chinese investors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The carmaking unit under China Evergrande Group raises US$500 million via a share placement with...<\/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-138792","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-A6A","jetpack-related-posts":[{"id":122422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-estates-offers-to-take-firm-private-after-selling-stake-in-debt-ridden-china-evergrande-at-loss\/","url_meta":{"origin":138792,"position":0},"title":"Chinese Estates offers to take firm private after selling stake in debt-ridden China Evergrande at loss","date":"October 6, 2021","format":false,"excerpt":"\r The family of Hong Kong magnate Joseph Lau Luen-hung is planning to take Chinese Estates Holdings private and on Wednesday offered an 83.5 per cent premium for shares held by minority owners.The family is offering HK$4 apiece to public investors in the Hong Kong-listed company, whose stock closed at\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102984,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-health-pays-us930-million-to-buy-control-of-carmaker-in-its-foray-into-mass-production-of-electric-vehicles-in-china\/","url_meta":{"origin":138792,"position":1},"title":"Evergrande Health pays US$930 million to buy control of carmaker in its foray into mass production of electric vehicles in China","date":"January 15, 2019","format":false,"excerpt":"\r Evergrande Group, China\u2019s third-largest property developer by sales, has bought control of a producer of electric vehicles in the country, bolstering its founder\u2019s ambition to diversify from real estate into the emerging industry of next-generation automobiles. The developer will use its subsidiary Evergrande Health Industry Group to pay US$930\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-china-property-giant-evergrande-suspended-pending-major-transaction\/","url_meta":{"origin":138792,"position":2},"title":"Shares in China property giant Evergrande suspended pending \u2018major transaction\u2019","date":"October 4, 2021","format":false,"excerpt":"\r Trading halt sends markets Asian stocks falling amid speculation the debt-laden group will sell off its property management arm Trading in shares of debt-laden China Evergrande was suspended by the Hong Kong exchange on Monday after the enormous Chinese developer missed a key bond interest payment last week, its\u2026","rel":"","context":"In "Property News"","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":138792,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-aims-to-unveil-debt-restructuring-in-six-months-time-after-bond-defaults-as-creditors-begin-to-lose-patience\/","url_meta":{"origin":138792,"position":4},"title":"Evergrande aims to unveil debt restructuring in six months\u2019 time after bond defaults as creditors begin to lose patience","date":"January 27, 2022","format":false,"excerpt":"\r Embattled China Evergrande Group has promised investors and creditors that it will roll out a debt restructuring plan in the next six months.The world\u2019s most indebted developer with 1.97 trillion yuan (US$310 billion) of liabilities \u201cwill continue to listen carefully to the opinions and suggestions of the creditors\u201d and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113805,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-laden-evergrande-raises-more-debt\/","url_meta":{"origin":138792,"position":5},"title":"Debt-laden Evergrande raises more debt","date":"January 22, 2020","format":false,"excerpt":"\r The Chinese real estate market continues to require fresh capital.\r \r Source : ft.com\r Read more...Debt-laden Evergrande raises more debt","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\/138792"}],"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=138792"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138792\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}