{"id":142643,"date":"2024-02-15T13:00:22","date_gmt":"2024-02-15T06:00:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-cifi-to-offload-australian-assets-at-a-loss-in-bid-to-inject-cash-as-credit-dries-up\/"},"modified":"2024-02-15T13:17:43","modified_gmt":"2024-02-15T06:17:43","slug":"chinese-property-developer-cifi-to-offload-australian-assets-at-a-loss-in-bid-to-inject-cash-as-credit-dries-up","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-cifi-to-offload-australian-assets-at-a-loss-in-bid-to-inject-cash-as-credit-dries-up\/","title":{"rendered":"Chinese property developer CIFI to offload Australian assets at a loss in bid to inject cash as credit dries up"},"content":{"rendered":"


\nDefaulted property developer CIFI Holdings has for the third time in two months unveiled a loss-making asset disposal plan as it looks to fund operations and alleviate liquidity pressure.
\n
\nSource : South China Morning Post
\nRead more…Chinese property developer CIFI to offload Australian assets at a loss in bid to inject cash as credit dries up<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Defaulted property developer CIFI Holdings has for the third time in two months unveiled a...<\/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-142643","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-B6H","jetpack-related-posts":[{"id":135127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heavily-indebted-chinese-developer-cifi-looks-to-offload-prized-shanghai-commercial-property-assets-after-1-5-billion-yuan-bond-fails-to-take-off\/","url_meta":{"origin":142643,"position":0},"title":"Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion yuan bond fails to take off","date":"March 9, 2023","format":false,"excerpt":"\r Chinese property developer CIFI Holdings is looking to sell its crown-jewel assets in Shanghai, including its headquarters, after its state-guaranteed yuan bond issuance hit a snag.\r \r Source : South China Morning Post\r Read more...Heavily-indebted Chinese developer CIFI looks to offload prized Shanghai commercial property assets after 1.5 billion\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-cifi-swings-into-a-loss-in-the-first-half-of-the-year-shares-plunge-after-trading-suspension-lifted\/","url_meta":{"origin":142643,"position":1},"title":"Chinese property developer CIFI swings into a loss in the first half of the year, shares plunge after trading suspension lifted","date":"September 27, 2023","format":false,"excerpt":"\r Debt-stricken developer CIFI Holdings Group saw its shares plunge by the most on record after trading resumed following a six-month suspension, with the company unveiling overnight a loss in the first half of the year.\r \r Source : South China Morning Post\r Read more...Chinese property developer CIFI swings into\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-cifi-to-stay-focused-on-shanghai\/","url_meta":{"origin":142643,"position":2},"title":"Chinese developer CIFI to stay focused on Shanghai","date":"May 2, 2016","format":false,"excerpt":"\r CIFI Holdings (Group), a Shanghai-based property developer that has grown rapidly in recent years, sees great potential in the city and plans to continue with its focus on China\u2019s financial capital.\r \r Source : South China Morning Post\r Read more...Chinese developer CIFI to stay focused on Shanghai","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132647,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-cifi-to-sell-shares-worth-us327-8-million-in-property-management-unit-to-ease-liquidity-crisis\/","url_meta":{"origin":142643,"position":3},"title":"Chinese developer CIFI to sell shares worth US$327.8 million in property-management unit to ease liquidity crisis","date":"December 12, 2022","format":false,"excerpt":"\r CIFI Holdings Group is disposing of shares in a subsidiary to ease its liquidity crisis, the Chinese developer said on Monday, joining a flurry of asset sales by similarly indebted developers.\r \r Source : South China Morning Post\r Read more...Chinese developer CIFI to sell shares worth US7.8 million in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140896,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/distressed-chinese-developer-cifi-offers-up-new-proposal-hoping-to-slash-us7-billion-offshore-debt-by-half\/","url_meta":{"origin":142643,"position":4},"title":"Distressed Chinese developer CIFI offers up new proposal hoping to slash US$7 billion offshore debt by half","date":"January 3, 2024","format":false,"excerpt":"\r Embattled CIFI Holdings put forward a revamped proposal that offers creditors maturity extensions with different haircut levels or partial equitisation.\r \r Source : South China Morning Post\r Read more...Distressed Chinese developer CIFI offers up new proposal hoping to slash US billion offshore debt by half","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130599,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-cifi-holdings-shares-slump-to-record-low-on-deteriorating-finances-analyst-downgrade\/","url_meta":{"origin":142643,"position":5},"title":"Chinese developer CIFI Holdings\u2019 shares slump to record low on deteriorating finances, analyst downgrade","date":"October 7, 2022","format":false,"excerpt":"\r CIFI\u2019s shares slumped 8 per cent on Friday to an all-time low of HK$0.66, with CIMB Securities downgrading the shares to \u2018hold\u2019 due to higher likelihood of delayed debt payments.\r \r Source : South China Morning Post\r Read more...Chinese developer CIFI Holdings\u2019 shares slump to record low on deteriorating\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\/142643"}],"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=142643"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142643\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}