{"id":142899,"date":"2024-03-05T11:30:43","date_gmt":"2024-03-05T04:30:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-reports-major-slump-in-china-home-sales-triggering-fresh-alarm-for-creditors-amid-debt-restructuring\/"},"modified":"2024-03-05T11:38:42","modified_gmt":"2024-03-05T04:38:42","slug":"country-garden-reports-major-slump-in-china-home-sales-triggering-fresh-alarm-for-creditors-amid-debt-restructuring","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-reports-major-slump-in-china-home-sales-triggering-fresh-alarm-for-creditors-amid-debt-restructuring\/","title":{"rendered":"Country Garden reports major slump in China home sales, triggering fresh alarm for creditors amid debt restructuring"},"content":{"rendered":"


\nA plunge in contracted sales last month underscores why some creditors are running out of patience to recover their debts.
\n
\nSource : South China Morning Post
\nRead more…Country Garden reports major slump in China home sales, triggering fresh alarm for creditors amid debt restructuring<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A plunge in contracted sales last month underscores why some creditors are running out of...<\/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-142899","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-BaP","jetpack-related-posts":[{"id":148423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-pledges-to-deliver-homes-on-time-amid-debt-restructuring-litigation\/","url_meta":{"origin":142899,"position":0},"title":"Country Garden pledges to deliver homes on time amid debt restructuring, litigation","date":"December 9, 2024","format":false,"excerpt":"\r Company will square off again with creditors in Hong Kong on January 20 over its debt obligations.\r \r Source : South China Morning Post\r Read more...Country Garden pledges to deliver homes on time amid debt restructuring, litigation","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-crimps-home-sales-to-7-per-cent-of-annual-takings-while-creditors-await-repayment\/","url_meta":{"origin":142899,"position":1},"title":"China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment","date":"December 21, 2022","format":false,"excerpt":"\r The slump in home sales showcases the extent of the cash crisis at China\u2019s once-biggest home builder. There is no good news for offshore creditors as a long-awaited restructuring plan remains elusive.\r \r Source : South China Morning Post\r Read more...China Evergrande: crisis crimps home sales to 7 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-country-garden-gains-hong-kong-court-backed-debt-lifeline\/","url_meta":{"origin":142899,"position":2},"title":"Chinese developer Country Garden gains Hong Kong court-backed debt lifeline","date":"December 5, 2025","format":false,"excerpt":"\r Country Garden Holdings has cleared a major hurdle this week after securing approval for both its onshore and offshore restructuring plans, offering the embattled developer a lifeline amid mainland China\u2019s property downturn. Sources said the Hong Kong High Court on Thursday endorsed a proposal allowing the indebted developer, once\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-aoyuan-wins-hong-kong-courts-approval-to-proceed-with-restructuring-more-than-us4-billion-of-offshore-debt-loans\/","url_meta":{"origin":142899,"position":3},"title":"China Aoyuan wins Hong Kong court\u2019s approval to proceed with restructuring more than US$4 billion of offshore debt, loans","date":"January 12, 2024","format":false,"excerpt":"\r China Aoyuan is the latest among debt-stricken home builders to win forbearance from offshore creditors and courts to cure their defaulted debts as China\u2019s property market struggles to overturn a multi-year slump.\r \r Source : South China Morning Post\r Read more...China Aoyuan wins Hong Kong court\u2019s approval to proceed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":142899,"position":4},"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":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":142899,"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\/142899"}],"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=142899"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142899\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}