{"id":49835,"date":"2017-03-27T09:53:43","date_gmt":"2017-03-27T02:53:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-eyes-2017-turnaround-and-34pc-growth-in-sales-target\/"},"modified":"2017-03-27T19:54:15","modified_gmt":"2017-03-27T12:54:15","slug":"kaisa-eyes-2017-turnaround-and-34pc-growth-in-sales-target","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-eyes-2017-turnaround-and-34pc-growth-in-sales-target\/","title":{"rendered":"Kaisa eyes 2017 turnaround and 34pc growth in sales target"},"content":{"rendered":"


\nKaisa Group Holdings Ltd, whose shares resumed trading in Hong Kong for the first time in two years, said it\u2019s confident of a business turnaround in 2017, after the developer reported its long-overdue financial results.
\nThe Shenzhen-based developer\u2019s 2016 loss narrowed to 612 million yuan, from a 2015 loss of 1.1 billion yuan (US$160 million), and a loss of 1.3 billion yuan in 2014, Kaisa said.
\nThe earnings last year were \u201cdragged down by a series of costs, as we have just…
\n
\nSource : South China Morning Post
\nRead more…Kaisa eyes 2017 turnaround and 34pc growth in sales target<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Kaisa Group Holdings Ltd, whose shares resumed trading in Hong Kong for the first time...<\/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-49835","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-cXN","jetpack-related-posts":[{"id":146715,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-it-has-creditors-support-as-it-unveils-debt-workout-plan-to-avoid-liquidation\/","url_meta":{"origin":49835,"position":0},"title":"Kaisa says it has creditors\u2019 support as it unveils debt workout plan to avoid liquidation","date":"August 20, 2024","format":false,"excerpt":"\r Kaisa, with 226.4 billion yuan in total liabilities, has spent more than two years on its restructuring plan since missing its payments in late 2021.\r \r Source : South China Morning Post\r Read more...Kaisa says it has creditors\u2019 support as it unveils debt workout plan to avoid liquidation","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-to-sell-assets-after-missing-payment-as-it-faces-a-hectoring-by-shenzhen-authorities-and-groups-stocks-halt-trading-in-hong-kong\/","url_meta":{"origin":49835,"position":1},"title":"Kaisa to sell assets after missing payment as it faces a hectoring by Shenzhen authorities and group\u2019s stocks halt trading in Hong Kong","date":"November 5, 2021","format":false,"excerpt":"\r Kaisa Group Holdings is selling assets to raise capital for liabilities including a missed payment on a wealth product and US$11 billion of dollar bonds, as it faces a hectoring by Shenzhen\u2019s government and the trading of its stocks were halted in Hong Kong.The developer has put 18 property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kaisa-says-its-us150-million-xian-development-project-is-at-risk-over-dispute-with-local-developer-xingzhengyuan\/","url_meta":{"origin":49835,"position":2},"title":"Kaisa says its US$150 million Xi\u2019an development project is at risk over dispute with local developer Xingzhengyuan","date":"January 3, 2019","format":false,"excerpt":"\r Kaisa Group Holdings faces losing its entire investment of almost US$150 million in a key urban redevelopment project, underscoring the vagaries in China\u2019s property market. The Shenzhen-based home builder, which gained notoriety in 2015 when it became the first developer from the nation to default on US dollar debt,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146705,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-kaisa-group-flags-us1-2-billion-first-half-loss-amid-home-sales-slump-write-down\/","url_meta":{"origin":49835,"position":3},"title":"China\u2019s Kaisa Group flags US$1.2 billion first-half loss amid home sales slump, write-down","date":"August 22, 2024","format":false,"excerpt":"\r The developer\u2019s weak report card is likely to resemble those of most mainland Chinese developers, which are expected to extend a losing streak dating to 2020.\r \r Source : South China Morning Post\r Read more...China\u2019s Kaisa Group flags US.2 billion first-half loss amid home sales slump, write-down","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developer-kaisas-xian-fallout-highlights-shanty-town-redevelopment-risks\/","url_meta":{"origin":49835,"position":4},"title":"Chinese developer Kaisa\u2019s Xian fallout highlights shanty town redevelopment risks","date":"January 3, 2019","format":false,"excerpt":"\r Shares of mainland Chinese developer Kaisa Group Holdings tumbled another 4.3 per cent on Thursday after a 7.2 per cent drop a day earlier as it faces losing its investment in an urban redevelopment project in northern Xian city, highlighting the inherent risks in such deals. The Shenzhen-based developer\u2026","rel":"","context":"In "Property News"","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":49835,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49835"}],"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=49835"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49835\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}