{"id":141735,"date":"2024-01-23T12:43:48","date_gmt":"2024-01-23T05:43:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-country-garden-auctioning-us530-million-worth-of-assets-in-guangzhou-to-overcome-cash-crunch-defaults\/"},"modified":"2024-01-23T12:49:40","modified_gmt":"2024-01-23T05:49:40","slug":"china-property-country-garden-auctioning-us530-million-worth-of-assets-in-guangzhou-to-overcome-cash-crunch-defaults","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-country-garden-auctioning-us530-million-worth-of-assets-in-guangzhou-to-overcome-cash-crunch-defaults\/","title":{"rendered":"China property: Country Garden auctioning US$530 million worth of assets in Guangzhou to overcome cash crunch, defaults"},"content":{"rendered":"


\nThe Foshan-based developer has listed five properties for sale in Guangdong\u2019s provincial capital as it seeks to raise cash to repay debt due in the next six months.
\n
\nSource : South China Morning Post
\nRead more…China property: Country Garden auctioning US0 million worth of assets in Guangzhou to overcome cash crunch, defaults<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Foshan-based developer has listed five properties for sale in Guangdong\u2019s provincial capital as it...<\/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-141735","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-AS3","jetpack-related-posts":[{"id":127058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-debt-laden-guangzhou-rf-properties-seeks-extension-on-10-offshore-bonds-worth-us5-16-billion\/","url_meta":{"origin":141735,"position":0},"title":"China\u2019s property crisis: Debt-laden Guangzhou R&F Properties seeks extension on 10 offshore bonds worth US$5.16 billion","date":"June 17, 2022","format":false,"excerpt":"\r Guangzhou R&F Properties is seeking investors\u2019 consent to extend the maturity dates of 10 of its offshore bonds worth US$5.16 billion due between now and 2024, to avoid defaults.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Debt-laden Guangzhou R&F Properties seeks extension on 10 offshore\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-raises-threat-of-china-developer-defaults\/","url_meta":{"origin":141735,"position":1},"title":"Coronavirus raises threat of China developer defaults","date":"March 6, 2020","format":false,"excerpt":"\r Property companies face cash crunch on billions of US dollar bonds as sales dry up\r \r Source : ft.com\r Read more...Coronavirus raises threat of China developer defaults","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118875,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrandes-30-per-cent-discounts-get-worlds-most-indebted-developer-within-sight-of-sales-goal-allay-cash-crunch-fears\/","url_meta":{"origin":141735,"position":2},"title":"China Evergrande\u2019s 30-per cent discounts get world\u2019s most indebted developer within sight of sales goal, allay cash crunch fears","date":"October 9, 2020","format":false,"excerpt":"\r China Evergrande Group said a nationwide marketing campaign comprising 30-per cent discounts has brought it closer to hitting its ambitious full-year sales goal, as the world\u2019s most indebted property developer pulls out all stops to generate cash to repay debt.The Guangzhou-based developer sold 141.63 billion yuan (US$21.1 billion) of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-tycoon-chen-hongtians-embattled-cheung-kei-group-to-sell-equity-in-offshore-assets-to-overcome-cash-crunch\/","url_meta":{"origin":141735,"position":3},"title":"Chinese tycoon Chen Hongtian\u2019s embattled Cheung Kei Group to sell equity in offshore assets to overcome cash crunch","date":"May 30, 2023","format":false,"excerpt":"\r Cheung Kei Group plans to offload equity in two properties located in Canary Wharf, London to help mitigate its cash flow problems and said its asset quality was high and debt ratios low relative to its peers.\r \r Source : South China Morning Post\r Read more...Chinese tycoon Chen Hongtian\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72009,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/icbc-to-offer-500-billion-yuan-worth-of-credit-to-spur-home-rental-market-in-guangzhou\/","url_meta":{"origin":141735,"position":4},"title":"ICBC to offer 500 billion yuan worth of credit to spur home rental market in Guangzhou","date":"November 16, 2017","format":false,"excerpt":"\r Industrial and Commercial Bank of China (ICBC), the nation\u2019s largest bank by assets, said on Thursday it would offer 500 billion yuan (US$75.4 billion) worth of credit to support the home rental market in Guangzhou. The bank would offer credit to support the establishment of a state-owned residential leasing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/link-reit-committed-to-china-as-it-dismisses-rumours-of-asset-sales-with-guangzhou-mall-opening\/","url_meta":{"origin":141735,"position":5},"title":"Link Reit committed to China as it dismisses rumours of asset sales with Guangzhou mall opening","date":"November 27, 2023","format":false,"excerpt":"\r Hong Kong-listed Link Reit opened the newly renovated mall in Guangzhou\u2019s Tianhe district in September, with CEO George Hongchoy denying rumours that the company plans to sell some assets in China.\r \r Source : South China Morning Post\r Read more...Link Reit committed to China as it dismisses rumours 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\/141735"}],"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=141735"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=141735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=141735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=141735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}