{"id":146570,"date":"2024-07-31T10:32:39","date_gmt":"2024-07-31T03:32:39","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-gets-second-reprieve-in-liquidation-winning-time-until-august-12-to-work-out-its-debt\/"},"modified":"2024-08-03T22:27:01","modified_gmt":"2024-08-03T15:27:01","slug":"shimao-gets-second-reprieve-in-liquidation-winning-time-until-august-12-to-work-out-its-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-gets-second-reprieve-in-liquidation-winning-time-until-august-12-to-work-out-its-debt\/","title":{"rendered":"Shimao gets second reprieve in liquidation, winning time until August 12 to work out its debt"},"content":{"rendered":"


\nDistressed Chinese developer Shimao Group was awarded a two-week reprieve after a Hong Kong court adjourned a winding-up hearing to August 12.
\n
\nSource : South China Morning Post
\nRead more…Shimao gets second reprieve in liquidation, winning time until August 12 to work out its debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Distressed Chinese developer Shimao Group was awarded a two-week reprieve after a Hong Kong court...<\/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-146570","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-C82","jetpack-related-posts":[{"id":145511,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firm-shimao-group-gets-reprieve-until-next-month-from-a-hong-kong-court\/","url_meta":{"origin":146570,"position":0},"title":"Chinese property firm Shimao Group gets reprieve until next month from a Hong Kong court","date":"June 26, 2024","format":false,"excerpt":"\r Debt-stricken Chinese developer Shimao Group case adjourned to July 31as the city sees a rise in the number of creditor-led liquidation petitions.\r \r Source : South China Morning Post\r Read more...Chinese property firm Shimao Group gets reprieve until next month from a Hong Kong court","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143375,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-group-faces-winding-up-petition-from-china-construction-bank-signalling-developer-is-in-serious-debt-trouble\/","url_meta":{"origin":146570,"position":1},"title":"Shimao Group faces winding-up petition from China Construction Bank, signalling developer is in \u2018serious debt trouble\u2019","date":"April 8, 2024","format":false,"excerpt":"\r Troubled property developer Shimao Group Holdings is facing a liquidation suit brought by China Construction Bank, the country\u2019s second-largest lender, for a financial obligation amounting to around HK$1.58 billion (US$201.8 million).\r \r Source : South China Morning Post\r Read more...Shimao Group faces winding-up petition from China Construction Bank, signalling\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143203,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/embattled-chinese-developer-shimao-seeks-offshore-investors-approval-to-restructure-us11-7-billion-debt\/","url_meta":{"origin":146570,"position":2},"title":"Embattled Chinese developer Shimao seeks offshore investors\u2019 approval to restructure US$11.7 billion debt","date":"March 25, 2024","format":false,"excerpt":"\r The Shanghai-based firm is seeking approval from offshore creditors for a restructuring plan, according to a filing made to the Hong Kong stock exchange late on Monday, as part of its latest efforts to avoid liquidation.\r \r Source : South China Morning Post\r Read more...Embattled Chinese developer Shimao seeks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124124,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shimao-groups-shanghai-unit-defaults-on-us101m-project-loan-in-latest-blow-to-chinas-embattled-property-market\/","url_meta":{"origin":146570,"position":3},"title":"Shimao Group\u2019s Shanghai unit defaults on US$101m project loan in latest blow to China\u2019s embattled property market","date":"January 7, 2022","format":false,"excerpt":"\r A Shanghai construction materials supplier with links to the Shimao Group has defaulted on a US$101m project loan guaranteed by the Hong Kong-listed group, adding to its recent debt burden.Shanghai Shimao Construction Company failed to repay the proceeds as a guarantor for a project that raised funds for Shanghai\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135623,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-evergrande-shimao-and-other-fallen-tycoons-rush-for-lifelines-to-fix-us232-billion-debt-headache\/","url_meta":{"origin":146570,"position":4},"title":"China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush for lifelines to fix US$232 billion debt headache","date":"March 25, 2023","format":false,"excerpt":"\r China\u2019s expected economic revival will leave fallen property tycoons behind, missing the crucial liquidity train. The window to reorganise their offshore debts may be closing, as talk about another recession persists.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Evergrande, Shimao and other fallen tycoons rush\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-shimao-group-to-sell-hong-kong-airport-area-sheraton-hotel-property-for-us828-million\/","url_meta":{"origin":146570,"position":5},"title":"Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US$828 million","date":"March 27, 2023","format":false,"excerpt":"\r The owner of the 1, 219-room, Sheraton-branded property, Shimao Group, is in the process of restructuring US$11.8 billion in debt.\r \r Source : South China Morning Post\r Read more...Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US8 million","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\/146570"}],"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=146570"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146570\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}