{"id":146735,"date":"2024-08-12T08:15:06","date_gmt":"2024-08-12T01:15:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-times-china-get-reprieves-in-hong-kong-winding-up-cases-promise-debt-workout-plans\/"},"modified":"2024-08-23T08:24:06","modified_gmt":"2024-08-23T01:24:06","slug":"kaisa-times-china-get-reprieves-in-hong-kong-winding-up-cases-promise-debt-workout-plans","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-times-china-get-reprieves-in-hong-kong-winding-up-cases-promise-debt-workout-plans\/","title":{"rendered":"Kaisa, Times China get reprieves in Hong Kong winding-up cases, promise debt workout plans"},"content":{"rendered":"


\nThe developers, which defaulted on a combined US$15 billion of offshore debts, get four- and 10-week adjournments, respectively, in their hostile lawsuits from creditors.
\n
\nSource : South China Morning Post
\nRead more…Kaisa, Times China get reprieves in Hong Kong winding-up cases, promise debt workout plans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The developers, which defaulted on a combined US$15 billion of offshore debts, get four- and...<\/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-146735","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-CaH","jetpack-related-posts":[{"id":126683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-vice-chairmans-bel-air-villa-is-for-sale-in-hong-kong-at-discount-as-developer-disposes-of-assets-to-raise-capital-amid-crippling-debt\/","url_meta":{"origin":146735,"position":0},"title":"Kaisa vice-chairman\u2019s Bel-Air villa is for sale in Hong Kong at discount as developer disposes of assets to raise capital amid crippling debt","date":"May 12, 2022","format":false,"excerpt":"\r Kaisa is struggling to raise cash as it faces US$11.4 billion of outstanding bonds and US$200 million of perpetual notes coming due in 2026, according to Bloomberg\u2019s data.\r \r Source : South China Morning Post\r Read more...Kaisa vice-chairman\u2019s Bel-Air villa is for sale in Hong Kong at discount as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123264,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-of-kaisa-units-tumble-in-hong-kong-even-as-they-distance-themselves-from-the-travails-of-their-indebted-parent\/","url_meta":{"origin":146735,"position":1},"title":"Shares of Kaisa units tumble in Hong Kong even as they distance themselves from the travails of their indebted parent","date":"November 16, 2021","format":false,"excerpt":"\r The shares of two units of China\u2019s Kaisa Group plunged to multi-year lows in Hong Kong after emerging from a seven-day trading halt, even as they tried to draw a distance from their embattled parent, which has missed payments on an offshore bond and high-yielding financial products.Kaisa Prosperity Holdings\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-it-has-creditors-support-as-it-unveils-debt-workout-plan-to-avoid-liquidation\/","url_meta":{"origin":146735,"position":2},"title":"Kaisa says it has creditors\u2019 support as it unveils debt workout plan to avoid liquidation","date":"August 20, 2024","format":false,"excerpt":"\r Kaisa, with 226.4 billion yuan in total liabilities, has spent more than two years on its restructuring plan since missing its payments in late 2021.\r \r Source : South China Morning Post\r Read more...Kaisa says it has creditors\u2019 support as it unveils debt workout plan to avoid liquidation","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisa-soars-26pc-as-hong-kong-tycoon-laus-family-investment-boosts-confidence\/","url_meta":{"origin":146735,"position":3},"title":"Chinese developer Kaisa soars 26pc as Hong Kong tycoon Lau\u2019s family investment boosts confidence","date":"September 21, 2017","format":false,"excerpt":"\r Shares of Chinese property developer Kaisa Group soared 26 per cent on Thursday morning after it was revealed that tycoon Joseph Lau\u2019s family has invested nearly US$1.2 billion in the company\u2019s offshore debts. Lau\u2019s family, led by his wife Kimbie Chan Hoi-wan, along with their company, Chinese Estates, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-kaisa-and-other-indebted-developers-get-a-break-as-chinas-rate-cuts-release-funds-to-relieve-their-cash-crunch-and-mounting-debt\/","url_meta":{"origin":146735,"position":4},"title":"Evergrande, Kaisa and other indebted developers get a break as China\u2019s rate cuts release funds to relieve their cash crunch and mounting debt","date":"January 20, 2022","format":false,"excerpt":"\r China\u2019s publicly traded developers soared on the stock market, as the first cut in mortgage rates in two years combined with a government plan to grant them easier access to sales receipts brought much-needed relief to their cash crunch and mounting debt.The Hang Seng Mainland Properties Index, which tracks\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-to-sell-assets-after-missing-payment-as-it-faces-a-hectoring-by-shenzhen-authorities-and-groups-stocks-halt-trading-in-hong-kong\/","url_meta":{"origin":146735,"position":5},"title":"Kaisa to sell assets after missing payment as it faces a hectoring by Shenzhen authorities and group\u2019s stocks halt trading in Hong Kong","date":"November 5, 2021","format":false,"excerpt":"\r Kaisa Group Holdings is selling assets to raise capital for liabilities including a missed payment on a wealth product and US$11 billion of dollar bonds, as it faces a hectoring by Shenzhen\u2019s government and the trading of its stocks were halted in Hong Kong.The developer has put 18 property\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\/146735"}],"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=146735"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}