{"id":148873,"date":"2025-01-21T05:00:13","date_gmt":"2025-01-20T22:00:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/founder-of-chinese-developer-zhenro-faces-action-on-suspected-illegal-activities\/"},"modified":"2025-01-21T06:17:47","modified_gmt":"2025-01-20T23:17:47","slug":"founder-of-chinese-developer-zhenro-faces-action-on-suspected-illegal-activities","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/founder-of-chinese-developer-zhenro-faces-action-on-suspected-illegal-activities\/","title":{"rendered":"Founder of Chinese developer Zhenro faces action on \u2018suspected illegal activities\u2019"},"content":{"rendered":"


\nOu Zongrong placed under legal compulsory measures after restructuring support agreement expired, according to holding company.
\n
\nSource : South China Morning Post
\nRead more…Founder of Chinese developer Zhenro faces action on \u2018suspected illegal activities\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ou Zongrong placed under legal compulsory measures after restructuring support agreement expired, according to holding...<\/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-148873","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-CJb","jetpack-related-posts":[{"id":143715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-zhenro-asks-to-delay-restructuring-amid-strained-conditions-ping-an-units-lawsuit-threat\/","url_meta":{"origin":148873,"position":0},"title":"Indebted Chinese developer Zhenro asks to delay restructuring amid \u2018strained\u2019 conditions, Ping An unit\u2019s lawsuit threat","date":"April 12, 2024","format":false,"excerpt":"\r Shanghai-based developer, facing 61.86 billion yuan (US$8.5 billion) in debts, says it needs more time to consider restructuring plan amid slumping sales and slow asset disposal as the property market crisis grinds on.\r \r Source : South China Morning Post\r Read more...Indebted Chinese developer Zhenro asks to delay restructuring\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124543,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-zhenros-shares-and-bonds-plummet-on-redemption-speculation\/","url_meta":{"origin":148873,"position":1},"title":"Chinese property developer Zhenro\u2019s shares and bonds plummet on redemption speculation","date":"February 11, 2022","format":false,"excerpt":"\r Shares and bonds of Chinese developer Zhenro Properties Group slumped amid speculation that the company does not plan to redeem a US$200 million bond next month.The Shanghai-based developer told investors late on Thursday that its plan to call the bond remain unchanged, sources told the Post, refuting rumours which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/zhenro-properties-seeks-waivers-from-bondholders-claims-ahead-of-us200-million-note-redemption-day\/","url_meta":{"origin":148873,"position":2},"title":"Zhenro Properties seeks waivers from bondholders\u2019 claims ahead of US$200 million note redemption day","date":"February 19, 2022","format":false,"excerpt":"\r Zhenro Properties has asked holders of its US$200 million perpetual note to forgive any potential default that could arise from its failure to redeem the securities due in March, citing short-term funding issues amid a market downturn.The Shanghai-based developer said the lack of capital market funding and bank loans\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125688,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/vanke-zhenro-and-china-overseas-post-falling-profits-as-clampdown-adds-to-dimming-economic-prospects-in-driving-homebuyers-to-the-sidelines\/","url_meta":{"origin":148873,"position":3},"title":"Vanke, Zhenro and China Overseas post falling profits as clampdown adds to dimming economic prospects in driving homebuyers to the sidelines","date":"April 1, 2022","format":false,"excerpt":"\r Several Chinese property developers have reported plunging 2021 profits, as a clampdown on home prices combined with dimming economic prospects to deter buyers from committing to big-ticket purchases during the Covid-19 pandemic. China Vanke, the country\u2019s third-largest real estate company by sales, said its core net profit halved to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124652,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-junk-bonds-zhenro-shock-warning-shakes-ratings-credibility\/","url_meta":{"origin":148873,"position":4},"title":"China junk bonds\/Zhenro: shock warning shakes ratings\u2019 credibility","date":"February 21, 2022","format":false,"excerpt":"\r Developers\u2019 woes will make refinancings harder, and more defaults should be expected\r \r Source : ft.com\r Read more...China junk bonds\/Zhenro: shock warning shakes ratings\u2019 credibility","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117310,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/small-chinese-property-developers-betting-on-revenge-spending-could-go-bankrupt-instead\/","url_meta":{"origin":148873,"position":5},"title":"Small Chinese property developers betting on \u2018revenge spending\u2019 could go bankrupt instead","date":"June 24, 2020","format":false,"excerpt":"\r Shanghai-based Zhenro Properties plans to build up its land bank this year by acquiring plots during distress sales by smaller companies.The top-tier developer believes underperforming smaller property companies will be forced to offload projects in the second half of the year, with some filing for bankruptcy, and will not\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\/148873"}],"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=148873"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148873\/revisions"}],"predecessor-version":[{"id":148874,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148873\/revisions\/148874"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}