{"id":142101,"date":"2024-01-29T09:12:57","date_gmt":"2024-01-29T02:12:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-ordered-to-liquidate-as-hong-kong-high-court-approves-creditors-bid-to-wind-up-worlds-most-indebted-property-developer\/"},"modified":"2024-01-29T09:18:55","modified_gmt":"2024-01-29T02:18:55","slug":"evergrande-ordered-to-liquidate-as-hong-kong-high-court-approves-creditors-bid-to-wind-up-worlds-most-indebted-property-developer","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-ordered-to-liquidate-as-hong-kong-high-court-approves-creditors-bid-to-wind-up-worlds-most-indebted-property-developer\/","title":{"rendered":"Evergrande ordered to liquidate as Hong Kong High Court approves creditors\u2019 bid to wind up world\u2019s most indebted property developer"},"content":{"rendered":"


\nThe lawsuit was initiated in June 2022 by Lin Ho-man\u2019s Top Shine Global, which was trying to recover HK$862.5 million (US$110.4 million) from a botched investment in Evergrande made in March 2021.
\n
\nSource : South China Morning Post
\nRead more…Evergrande ordered to liquidate as Hong Kong High Court approves creditors\u2019 bid to wind up world\u2019s most indebted property developer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The lawsuit was initiated in June 2022 by Lin Ho-man\u2019s Top Shine Global, which was...<\/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-142101","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-AXX","jetpack-related-posts":[{"id":135567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-aims-for-offshore-debt-restructuring-agreement-with-creditors-by-end-of-march-hong-kong-court-hears\/","url_meta":{"origin":142101,"position":0},"title":"China Evergrande aims for offshore debt restructuring agreement with creditors by end of March, Hong Kong court hears","date":"March 20, 2023","format":false,"excerpt":"\r The heavily indebted developer told a Hong Kong court it had the support of its overseas creditors for the proposed restructuring, and will publish the term sheets as early as Wednesday.\r \r Source : South China Morning Post\r Read more...China Evergrande aims for offshore debt restructuring agreement with creditors\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-court-adjourns-evergrandes-winding-up-hearing-until-january-29-giving-worlds-most-indebted-developer-another-reprieve\/","url_meta":{"origin":142101,"position":1},"title":"Hong Kong court adjourns Evergrande\u2019s winding-up hearing until January 29, giving world\u2019s most indebted developer another reprieve","date":"December 4, 2023","format":false,"excerpt":"\r Evergrande proposed a new restructuring plan to swap creditors\u2019 debts for 30 per cent stakes in its Hong Kong-listed subsidiaries and a 17.8 per cent stake, according to Reuters\u2019 report on November 30.\r \r Source : South China Morning Post\r Read more...Hong Kong court adjourns Evergrande\u2019s winding-up hearing until\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-us273-million-with-exit-from-hengten-as-creditors-await-payments-on-local-and-offshore-debt\/","url_meta":{"origin":142101,"position":2},"title":"China Evergrande raises US$273 million with exit from HengTen as creditors await payments on local and offshore debt","date":"November 18, 2021","format":false,"excerpt":"\r China Evergrande Group exited its stake in internet company HengTen Networks Group, raising a further HK$2.13 billion (US$273 million) as the embattled developer faces deadlines to pay overdue interest on its debt next week.Evergrande sold 1.66 billion shares of HengTen to Allied Resources Investment Holdings at HK$1.28 a share,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-halts-trading-of-its-stock-and-subsidiaries-rising-expectations-of-an-overhaul-in-the-worlds-most-indebted-developer\/","url_meta":{"origin":142101,"position":3},"title":"Evergrande halts trading of its stock and subsidiaries, rising expectations of an overhaul in the world\u2019s most indebted developer","date":"March 21, 2022","format":false,"excerpt":"\r Trading was halted for the shares of China Evergrande Group and two of its units on the Hong Kong stock exchange on Monday, raising expectations of an impending announcement in the restructuring of the world\u2019s most indebted property developer.Evergrande\u2019s shares were halted along with the stock of the Evergrande\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-hong-kong-banks-report-third-quarter-results-as-concerns-swirl-over-worlds-most-indebted-developer\/","url_meta":{"origin":142101,"position":4},"title":"Evergrande: Hong Kong banks report third-quarter results as concerns swirl over world\u2019s most indebted developer","date":"October 25, 2021","format":false,"excerpt":"\r Investors will be looking for any warning signs in the mainland lending portfolios of Hong Kong\u2019s banks as they prepare to report their third-quarter results against the backdrop of rising concerns about China Evergrande Group\u2019s debt crisis and its potential effects on China\u2019s property sector.HSBC will be the first\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":142101,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142101"}],"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=142101"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142101\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}