{"id":149724,"date":"2025-03-05T15:30:15","date_gmt":"2025-03-05T08:30:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-longfors-bonds-sink-deeper-into-junk-territory-as-home-sales-sputter\/"},"modified":"2025-03-05T18:16:52","modified_gmt":"2025-03-05T11:16:52","slug":"chinese-developer-longfors-bonds-sink-deeper-into-junk-territory-as-home-sales-sputter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-longfors-bonds-sink-deeper-into-junk-territory-as-home-sales-sputter\/","title":{"rendered":"Chinese developer Longfor\u2019s bonds sink deeper into junk territory as home sales sputter"},"content":{"rendered":"


\nDowngrade comes as developers continue to struggle with lacklustre buyer sentiment despite recent support measures.
\n
\nSource : South China Morning Post
\nRead more…Chinese developer Longfor\u2019s bonds sink deeper into junk territory as home sales sputter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Downgrade comes as developers continue to struggle with lacklustre buyer sentiment despite recent support measures. ...<\/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-149724","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-CWU","jetpack-related-posts":[{"id":142994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-vanke-claims-moodys-junk-level-downgrade-is-manageable-as-shares-and-bonds-gain-on-bailout-reports\/","url_meta":{"origin":149724,"position":0},"title":"Developer China Vanke claims Moody\u2019s junk-level downgrade is manageable as shares and bonds gain on bailout reports","date":"March 12, 2024","format":false,"excerpt":"\r The impact of Monday\u2019s downgrade is \u2018controllable\u2019, the second-largest Chinese developer says. Its shares rose more than 10 per cent to HK$6.30 on Tuesday on belief commercial banks will raise up to US$11.1 billion to repay its debts.\r \r Source : South China Morning Post\r Read more...Developer China Vanke\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123146,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fantasias-shares-sink-after-developer-founded-by-former-chinese-vice-presidents-niece-defaults-on-bond-payment\/","url_meta":{"origin":149724,"position":1},"title":"Fantasia\u2019s shares sink after developer founded by former Chinese vice-president\u2019s niece defaults on bond payment","date":"November 10, 2021","format":false,"excerpt":"\r Shares of Fantasia Holdings Group plunged by nearly half to a record low on Wednesday, after the debt-laden Chinese developer defaulted on a US dollar bond, further warning there is no guarantee it could meet other financial obligations.The Hong Kong-listed developer said in a filing late on Tuesday that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":149724,"position":2},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-stocks-bonds-tumble-after-chinese-developer-misses-us22-5-million-coupon-payments-on-offshore-note\/","url_meta":{"origin":149724,"position":3},"title":"Country Garden\u2019s stocks, bonds tumble after Chinese developer misses US$22.5 million coupon payments on offshore note","date":"August 8, 2023","format":false,"excerpt":"\r Country Garden Holdings, one of China\u2019s biggest property developers by sales, tumbled in both the shares and bonds markets amid concerns about its debt problems after it missed two US dollar bond coupon payments on Tuesday.\r \r Source : South China Morning Post\r Read more...Country Garden\u2019s stocks, bonds tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-sunacs-shares-sink-in-hong-kong-after-12-month-suspension-is-lifted\/","url_meta":{"origin":149724,"position":4},"title":"Chinese developer Sunac\u2019s shares sink in Hong Kong after 12-month suspension is lifted","date":"April 13, 2023","format":false,"excerpt":"\r Sunac\u2019s shares slumped as much as 59 per cent in Hong Kong as the 12-month suspension was lifted after the company met the Hong Kong stock exchange\u2019s conditions, including publishing its long-delayed results.\r \r Source : South China Morning Post\r Read more...Chinese developer Sunac\u2019s shares sink in Hong Kong\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":149724,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149724"}],"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=149724"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149724\/revisions"}],"predecessor-version":[{"id":149725,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149724\/revisions\/149725"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}