{"id":37848,"date":"2016-12-12T23:50:23","date_gmt":"2016-12-12T16:50:23","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/tough-2017-looms-as-china-builders-face-record-wall-of-debt\/"},"modified":"2016-12-12T23:51:26","modified_gmt":"2016-12-12T16:51:26","slug":"tough-2017-looms-as-china-builders-face-record-wall-of-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tough-2017-looms-as-china-builders-face-record-wall-of-debt\/","title":{"rendered":"Tough 2017 looms as China builders face record wall of debt"},"content":{"rendered":"


\nFor China\u2019s highly leveraged real estate developers, 2017 could be the year that the borrowing binge finally catches up with them.
\nRegulators have choked off a key source of funding, with the Shanghai Stock Exchange raising the threshold for property firms to sell bonds on their platform in October. Since then, builders haven\u2019t sold any notes in a market that played host to about 40 per cent of their onshore debentures over the past two years, data compiled by Bloomberg show. The…
\n
\nSource : South China Morning Post
\nRead more…Tough 2017 looms as China builders face record wall of debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

For China\u2019s highly leveraged real estate developers, 2017 could be the year that the borrowing...<\/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-37848","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\/p75ss1-9Qs","jetpack-related-posts":[{"id":138171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-china-aoyuan-seeks-creditors-approval-for-us4-2-billion-offshore-debt-plan-as-delisting-warning-looms\/","url_meta":{"origin":37848,"position":0},"title":"Developer China Aoyuan seeks creditors\u2019 approval for US$4.2 billion offshore-debt plan as delisting warning looms","date":"July 3, 2023","format":false,"excerpt":"\r The agreement, which includes new notes, new shares, debt-to-equity conversion, perpetual securities and the transfer of shares to creditors, will need the approval of 75 per cent of offshore debt holders to move forward.\r \r Source : South China Morning Post\r Read more...Developer China Aoyuan seeks creditors\u2019 approval for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103899,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-glut-of-unsold-flats-could-put-more-pressure-on-prices\/","url_meta":{"origin":37848,"position":1},"title":"Hong Kong\u2019s glut of unsold flats could put more pressure on prices","date":"February 12, 2019","format":false,"excerpt":"\r Hong Kong home builders could face greater pressure to slash \u00adprices as the number of completed but unsold new flats they held increased at the end of last year. Analysts said some home builders would offload stock by cutting prices by 5 per cent to 10 per cent from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-crisis-troubled-country-garden-fights-to-avert-default-as-us15-million-offshore-debt-deadline-looms\/","url_meta":{"origin":37848,"position":2},"title":"China property crisis: troubled Country Garden fights to avert default as US$15 million offshore debt deadline looms","date":"October 17, 2023","format":false,"excerpt":"\r The troubled Chinese developer is fighting to avert its first ever actual default on an offshore debt as the grace period for a US$15.4 million payment enters its final hours.\r \r Source : South China Morning Post\r Read more...China property crisis: troubled Country Garden fights to avert default as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-aoyuan-wins-hong-kong-courts-approval-to-proceed-with-restructuring-more-than-us4-billion-of-offshore-debt-loans\/","url_meta":{"origin":37848,"position":3},"title":"China Aoyuan wins Hong Kong court\u2019s approval to proceed with restructuring more than US$4 billion of offshore debt, loans","date":"January 12, 2024","format":false,"excerpt":"\r China Aoyuan is the latest among debt-stricken home builders to win forbearance from offshore creditors and courts to cure their defaulted debts as China\u2019s property market struggles to overturn a multi-year slump.\r \r Source : South China Morning Post\r Read more...China Aoyuan wins Hong Kong court\u2019s approval to proceed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-builders-face-a-tough-choice-sacrifice-profit-now-to-generate-cash-or-wait-for-better-times\/","url_meta":{"origin":37848,"position":4},"title":"Chinese builders face a tough choice: sacrifice profit now to generate cash or wait for better times","date":"July 2, 2019","format":false,"excerpt":"\r Chinese developers are increasingly being forced to sell their new units at losses, or close to cost, in order to get buyers into their showrooms and generate cash, amid a clampdown on financing that forms part of the government\u2019s campaign to pare back debt.The huge discounts involved have been\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/highly-indebted-mainland-developer-china-evergrande-to-pay-double-digit-interest-on-us-dollar-bonds\/","url_meta":{"origin":37848,"position":5},"title":"Highly indebted mainland developer China Evergrande to pay double-digit interest on US dollar bonds","date":"October 30, 2018","format":false,"excerpt":"\r China Evergrande Group, the mainland\u2019s most indebted developer, is resorting to high-interest US dollar bonds, mostly in the double digits, to refinance existing loans, with analysts expecting a similar trend at other builders amid tightening liquidity. The company\u2019s short-term debt totalled 299 billion yuan (US$43 billion) at the end\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\/37848"}],"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=37848"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/37848\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=37848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=37848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=37848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}