{"id":30723,"date":"2016-10-19T19:30:53","date_gmt":"2016-10-19T12:30:53","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-properties-sees-funding-costs-below-5pc-despite-credit-tightening\/"},"modified":"2016-10-19T19:40:32","modified_gmt":"2016-10-19T12:40:32","slug":"longfor-properties-sees-funding-costs-below-5pc-despite-credit-tightening","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-properties-sees-funding-costs-below-5pc-despite-credit-tightening\/","title":{"rendered":"Longfor Properties sees funding costs below 5pc despite credit tightening"},"content":{"rendered":"


\nLongfor Properties, one of China\u2019s largest residential and commercial developers, expects its financing costs to drop below 5 per cent by the end of the year, even as the central government looks to tighten lending to the property sector.
\nThe company\u2019s average funding costs already stood at a record-low 5.18 per cent at the end of June, down from 5.74 per cent at the end of 2015.
\n\u201cOur average borrowing cost will fall to less than 5 per cent by the end of the year, thanks to…
\n
\nSource : South China Morning Post
\nRead more…Longfor Properties sees funding costs below 5pc despite credit tightening<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Longfor Properties, one of China\u2019s largest residential and commercial developers, expects its financing costs to...<\/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-30723","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\/p75ss1-7Zx","jetpack-related-posts":[{"id":83551,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-sets-200-billion-yuan-sales-target-as-core-profit-rises-by-a-quarter\/","url_meta":{"origin":30723,"position":0},"title":"Longfor sets 200 billion yuan sales target as core profit rises by a quarter","date":"March 23, 2018","format":false,"excerpt":"\r Longfor Properties, China\u2019s eighth largest developer by sales, set its 2018 sales target at 200 billion yuan after posting a 25.9 per cent increase in core net profit last year.\u00a0 The Beijing-based developer saw core net profit, which excludes valuation gains and foreign exchange losses, jump to 9.77 billion\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":30723,"position":1},"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":[]},{"id":25359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ex-husband-of-longfor-chair-wu-yajun-to-sell-hk1-8bn-of-shares\/","url_meta":{"origin":30723,"position":2},"title":"Ex-husband of Longfor chair Wu Yajun to sell HK$1.8bn of shares","date":"September 7, 2016","format":false,"excerpt":"\r The billionaire ex-husband of Longfor Properties chairwoman Wu Yajun is s\r \r Source : South China Morning Post\r Read more...Ex-husband of Longfor chair Wu Yajun to sell HK.8bn of shares","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-longfor-subsidiary-first-to-seek-nod-for-china-rental-housing-bonds\/","url_meta":{"origin":30723,"position":3},"title":"Hong Kong-listed Longfor subsidiary first to seek nod for China rental housing bonds","date":"December 11, 2017","format":false,"excerpt":"\r China\u2019s push to develop the rental housing sector is offering cash-strapped developers a way back to the onshore bond market after more than a year of issuance restrictions aimed at cooling down property prices. Longfor Chongqing Enterprise Development, a domestic subsidiary of Hong Kong-listed Longfor Properties, last week filed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/longfor-on-the-hunt-for-out-of-town-shopping-centre-sites-but-chief-executive-rules-out-foreign-investment\/","url_meta":{"origin":30723,"position":4},"title":"Longfor on the hunt for out-of-town shopping centre sites, but chief executive rules out foreign investment","date":"November 8, 2016","format":false,"excerpt":"\r Real estate veteran Shao Mingxiao has remained as low key as his boss Wu Yajun, the founder and chairman of Longfor Properties, and once China\u2019s richest woman. Joining Longfor in 2006, Shao was very much Wu\u2019s right-hand man, and was appointed chief executive officer in 2011 when she stepped\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131305,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-spook-investors-as-cifi-halts-bond-payments-after-longfor-country-garden-roil-markets\/","url_meta":{"origin":30723,"position":5},"title":"Chinese developers spook investors as CIFI halts bond payments after Longfor, Country Garden roil markets","date":"November 1, 2022","format":false,"excerpt":"\r The company joins Country Garden and Longfor on a list of developers once considered healthy but exhibiting signs of distress this week, as the situation in China\u2019s housing market deteriorates further.\r \r Source : South China Morning Post\r Read more...Chinese developers spook investors as CIFI halts bond payments after\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\/30723"}],"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=30723"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30723\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=30723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=30723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=30723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}