{"id":148510,"date":"2024-12-17T18:00:34","date_gmt":"2024-12-17T11:00:34","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-loses-more-market-value-as-developer-strives-to-contain-debt-crisis\/"},"modified":"2024-12-17T18:32:08","modified_gmt":"2024-12-17T11:32:08","slug":"new-world-loses-more-market-value-as-developer-strives-to-contain-debt-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-loses-more-market-value-as-developer-strives-to-contain-debt-crisis\/","title":{"rendered":"New World loses more market value as developer strives to contain debt crisis"},"content":{"rendered":"


\nStock price slumps further as debt issues threaten to spiral into a crisis of confidence.
\n
\nSource : South China Morning Post
\nRead more…New World loses more market value as developer strives to contain debt crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock price slumps further as debt issues threaten to spiral into a crisis of confidence. ...<\/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-148510","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-CDk","jetpack-related-posts":[{"id":122561,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-china-faces-challenging-trade-offs-in-addressing-developers-debt-crisis-imf-says\/","url_meta":{"origin":148510,"position":0},"title":"Evergrande: China faces \u2018challenging trade-offs\u2019 in addressing developer\u2019s debt crisis, IMF says","date":"October 13, 2021","format":false,"excerpt":"\r Beijing is facing \u201cchallenging trade-offs\u201d as it seeks to address the crisis surrounding embattled developer China Evergrande Group and the pressure it is placing on the country\u2019s property sector, according to the International Monetary Fund (IMF).As part of its Global Financial Stability Report released overnight, the IMF said China\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124306,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-chinese-developer-hiring-more-legal-advisers-to-tackle-debt\/","url_meta":{"origin":148510,"position":1},"title":"Evergrande crisis: Chinese developer hiring more legal advisers to tackle debt","date":"January 21, 2022","format":false,"excerpt":"\r China Evergrande Group said it was hiring more financial and legal advisers to deal with creditors\u2019 demands, after a group of offshore bondholders warned of enforcement action, taking it a step forward in resolving its debt issues.The embattled developer, struggling with 1.97 trillion yuan (US$305 billion) of liabilities, said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122515,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-developer-modern-land-china-seeks-debt-extension-to-repay-us87-5-million-early\/","url_meta":{"origin":148510,"position":2},"title":"Evergrande crisis: developer Modern Land (China) seeks debt extension, to repay US$87.5 million early","date":"October 11, 2021","format":false,"excerpt":"\r Property developer Modern Land (China) on Monday asked its debt holders for a three-month extension on a US$250 million bond set to come due later this month to avoid a potential default, as concerns continue to swirl around the embattled China Evergrande Group and the Chinese property sector\u2019s debt\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-country-garden-gets-creditor-approval-to-delay-6-bond-repayments-by-3-years-as-debt-saddled-developer-breathes-again\/","url_meta":{"origin":148510,"position":3},"title":"China property crisis: Country Garden gets creditor approval to delay 6 bond repayments by 3 years as debt-saddled developer breathes again","date":"September 12, 2023","format":false,"excerpt":"\r The embattled Chinese developer has received enough support to extend the repayment deadlines for a slew of onshore bonds due in the coming months, giving it some much-needed breathing space after it narrowly avoided default a week ago.\r \r Source : South China Morning Post\r Read more...China property crisis:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-top-insider-sold-all-his-dollar-bonds-before-chinese-developer-defaulted-on-offshore-debt-last-year-new-filings-show\/","url_meta":{"origin":148510,"position":4},"title":"Evergrande\u2019s top insider sold all his dollar bonds before Chinese developer defaulted on offshore debt last year, new filings show","date":"February 10, 2022","format":false,"excerpt":"\r China Evergrande\u2019s top insider sold his holding of dollar-denominated bonds issued by the developer in a series of transactions in August last year, before its liquidity crisis worsened and led to a debt default.Xia Haijun, vice-chairman and chief executive of the Shenzhen-based developer, sold US$50 million in face value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125628,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-longfor-group-posts-20-per-cent-profit-rise-for-2021-avoiding-debt-crisis-engulfing-chinas-property-market\/","url_meta":{"origin":148510,"position":5},"title":"Developer Longfor Group posts 20 per cent profit rise for 2021, avoiding debt crisis engulfing China\u2019s property market","date":"March 25, 2022","format":false,"excerpt":"\r Chinese developer Longfor Group Holdings has posted a profit gain of 20 per cent for last year, managing to weather a crisis in China\u2019s property industry triggered by defaults among some of its heavily indebted peers.Chongqing-based Longfor said its core profit reached 22.44 billion yuan (US$3.52 billion), up by\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\/148510"}],"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=148510"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148510\/revisions"}],"predecessor-version":[{"id":148511,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148510\/revisions\/148511"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}