{"id":142650,"date":"2024-02-16T15:00:03","date_gmt":"2024-02-16T08:00:03","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-redsun-properties-faces-winding-up-threat-in-hong-kong-as-debt-crisis-goes-from-bad-to-worse\/"},"modified":"2024-02-16T15:00:45","modified_gmt":"2024-02-16T08:00:45","slug":"chinese-builder-redsun-properties-faces-winding-up-threat-in-hong-kong-as-debt-crisis-goes-from-bad-to-worse","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-redsun-properties-faces-winding-up-threat-in-hong-kong-as-debt-crisis-goes-from-bad-to-worse\/","title":{"rendered":"Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse"},"content":{"rendered":"


\nThe debt crisis at Redsun Properties is going from bad to worse as it has missed payments on several offshore bonds since mid-2022 as China\u2019s housing market struggles to overcome a three-year slump.
\n
\nSource : South China Morning Post
\nRead more…Chinese builder Redsun Properties faces winding-up threat in Hong Kong as debt crisis goes from bad to worse<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The debt crisis at Redsun Properties is going from bad to worse as it has...<\/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-142650","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-B6O","jetpack-related-posts":[{"id":145974,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/unit-of-chinese-developer-rf-properties-faces-winding-up-petition-from-singapore-fund\/","url_meta":{"origin":142650,"position":0},"title":"Unit of Chinese developer R&F Properties faces winding-up petition from Singapore fund","date":"July 9, 2024","format":false,"excerpt":"\r A winding-up petition filed against Trillion Glory by a private-equity fund owned by Singapore\u2019s investment fund Temasek Holdings is based on unpaid debt of about US$614 million, a Hong Kong exchange filing says.\r \r Source : South China Morning Post\r Read more...Unit of Chinese developer R&F Properties faces winding-up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builder-yuzhou-seeks-debt-restructuring-recognition-in-us\/","url_meta":{"origin":142650,"position":1},"title":"Chinese builder Yuzhou seeks debt restructuring recognition in US","date":"August 25, 2024","format":false,"excerpt":"\r Move aims to ward off litigation as indebted developer goes through restructuring in Hong Kong and the Cayman Islands.\r \r Source : South China Morning Post\r Read more...Chinese builder Yuzhou seeks debt restructuring recognition in US","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172258,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-hong-kong-developers-are-adapting-to-the-new-normal-in-the-greater-bay-area\/","url_meta":{"origin":142650,"position":2},"title":"How Hong Kong developers are adapting to the \u2018new normal\u2019 in the Greater Bay Area","date":"July 26, 2026","format":false,"excerpt":"\r Hong Kong developers operating in the Greater Bay Area are having to adapt to the ongoing debt crisis in mainland China\u2019s property sector, which has led to deep and lasting changes in the nature and motivations of their buyers, according to agencies dealing in mainland real estate. Before the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142238,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rf-properties-turns-to-hong-kong-tycoon-in-distressed-sale-of-london-asset-to-trim-part-of-us42-billion-in-liabilities\/","url_meta":{"origin":142650,"position":3},"title":"R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities","date":"February 7, 2024","format":false,"excerpt":"\r Guangzhou R&F is seeking to offload a UK asset in the latest attempt to trim its debt burden. It is turning to Hong Kong tycoon Cheung Chung Kiu to survive the crisis.\r \r Source : South China Morning Post\r Read more...R&F Properties turns to Hong Kong tycoon in distressed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138315,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-rf-properties-in-discussions-with-two-creditors-over-winding-up-petition-says-assets-worth-more-than-liabilities\/","url_meta":{"origin":142650,"position":4},"title":"Chinese developer R&F Properties in discussions with two creditors over winding-up petition, says assets worth more than liabilities","date":"July 14, 2023","format":false,"excerpt":"\r Guangzhou R&F Properties said in a filing with the Hong Kong exchange on Thursday that it was in discussions with two creditors that have sought to wind up the developer over debts worth about 20 million yuan.\r \r Source : South China Morning Post\r Read more...Chinese developer R&F Properties\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139073,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-said-to-pay-two-coupons-as-chinese-builder-chips-away-at-us14-9-billion-near-term-debt-load\/","url_meta":{"origin":142650,"position":5},"title":"Country Garden said to pay two coupons as Chinese builder chips away at US$14.9 billion near-term debt load","date":"September 5, 2023","format":false,"excerpt":"\r The Chinese developer paid US$22.5 million in interest on two dollar bonds before the end of a 30-day grace period on September 6, according to sources. It separately sold new shares to help repay debt owed to a Hong Kong company.\r \r Source : South China Morning Post\r Read\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\/142650"}],"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=142650"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142650\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}