{"id":172524,"date":"2026-09-09T10:00:07","date_gmt":"2026-09-09T03:00:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-guidance-aims-to-smooth-developer-bankruptcies-reassure-creditors\/"},"modified":"2026-09-09T10:25:48","modified_gmt":"2026-09-09T03:25:48","slug":"chinese-court-guidance-aims-to-smooth-developer-bankruptcies-reassure-creditors","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-court-guidance-aims-to-smooth-developer-bankruptcies-reassure-creditors\/","title":{"rendered":"Chinese court guidance aims to smooth developer bankruptcies, reassure creditors"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s Supreme People\u2019s Court has issued the country\u2019s first systematic judicial guidance governing bankruptcy proceedings for property developers, in an effort to end inconsistencies that have slowed disposals and deterred capital in recent years.<br \/>\nThe framework called for timely reorganisations of viable developers and prompt liquidations of those lacking sustainable value, according to a statement by the Supreme People\u2019s Court on Monday. It also said asset-management companies and&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3366807\/chinese-court-guidance-aims-smooth-developer-bankruptcies-reassure-creditors?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Chinese court guidance aims to smooth developer bankruptcies, reassure creditors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s Supreme People\u2019s Court has issued the country\u2019s first systematic judicial guidance governing bankruptcy proceedings&#46;&#46;&#46;<\/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-172524","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-ISE","jetpack-related-posts":[{"id":109356,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bankruptcies-among-chinese-developers-are-up-by-a-half-amid-slowing-economy-restrictions-on-borrowing\/","url_meta":{"origin":172524,"position":0},"title":"Bankruptcies among Chinese developers are up by a half amid slowing economy, restrictions on borrowing","date":"July 26, 2019","format":false,"excerpt":"\r The number of Chinese property developers going out of business as they find themselves struggling to borrow money amid a slowing economy has gone up by half, according to official figures.So far this year, 274 builders have filed for bankruptcy, a rise of 50 per cent from a year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131311,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-sunac-top-list-of-chinese-developers-due-in-hong-kong-court-this-month-as-creditors-sue-to-recover-payments\/","url_meta":{"origin":172524,"position":1},"title":"Evergrande, Sunac top list of Chinese developers due in Hong Kong court this month as creditors sue to recover payments","date":"November 2, 2022","format":false,"excerpt":"\r The court hearings against China\u2019s top property firms come after a unit of Yango Group was ordered to be wound down, the first such instance in Hong Kong against a major developer amid the ongoing crisis.\r \r Source : South China Morning Post\r Read more...Evergrande, Sunac top list of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-aims-to-unveil-debt-restructuring-in-six-months-time-after-bond-defaults-as-creditors-begin-to-lose-patience\/","url_meta":{"origin":172524,"position":2},"title":"Evergrande aims to unveil debt restructuring in six months\u2019 time after bond defaults as creditors begin to lose patience","date":"January 27, 2022","format":false,"excerpt":"\r Embattled China Evergrande Group has promised investors and creditors that it will roll out a debt restructuring plan in the next six months.The world\u2019s most indebted developer with 1.97 trillion yuan (US$310 billion) of liabilities \u201cwill continue to listen carefully to the opinions and suggestions of the creditors\u201d and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditor-group-backs-the-chinese-developers-efforts-to-keep-onshore-unit-operational-opposes-bankruptcy-process\/","url_meta":{"origin":172524,"position":3},"title":"Evergrande creditor group backs the Chinese developer\u2019s efforts to keep onshore unit operational, opposes bankruptcy process","date":"December 1, 2023","format":false,"excerpt":"\r An ad hoc group of creditors of Evergrande\u2019s offshore unit has said it supports the management\u2019s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order\r \r Source : South China Morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125764,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-firms-bond-issuances-fell-sharply-in-first-quarter-beikes-research-unit-says\/","url_meta":{"origin":172524,"position":4},"title":"Chinese property firms\u2019 bond issuances fell sharply in first quarter, Beike\u2019s research unit says","date":"April 8, 2022","format":false,"excerpt":"\r Bond issuances by Chinese property developers shrank sharply in the first quarter of 2022. Major developers issued offshore bonds worth only 35.5 billion yuan (US$5.6 billion) in the first three months of the year, which translates into a year-on-year decline of 68 per cent, said BRI, the research arm\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140788,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-property-developer-powerlong-signs-restructuring-term-sheet-with-creditors-in-significant-progress-for-debt-solution-plan\/","url_meta":{"origin":172524,"position":5},"title":"Chinese property developer Powerlong signs restructuring term sheet with creditors in \u2018significant progress\u2019 for debt solution plan","date":"December 22, 2023","format":false,"excerpt":"\r Distressed Chinese developer Powerlong Real Estate Holdings unveiled preliminary terms of a restructuring agreement with certain creditors in a deal expected to give the Shanghai-based company a brief respite from the ongoing debt crisis.\r \r Source : South China Morning Post\r Read more...Chinese property developer Powerlong signs restructuring term\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172524"}],"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=172524"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172524\/revisions"}],"predecessor-version":[{"id":172525,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172524\/revisions\/172525"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}