{"id":61042,"date":"2017-07-18T12:38:31","date_gmt":"2017-07-18T05:38:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-becomes-the-latest-to-be-scrutinised-by-china-regulators\/"},"modified":"2017-07-18T12:39:20","modified_gmt":"2017-07-18T05:39:20","slug":"sunac-becomes-the-latest-to-be-scrutinised-by-china-regulators","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-becomes-the-latest-to-be-scrutinised-by-china-regulators\/","title":{"rendered":"Sunac becomes the latest to be scrutinised by China regulators"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s banking regulator has ordered commercial banks to scrutinise the credit exposure of Sunac China, the aggressive property developer which just took over the hotel and tourism portfolio worth US$9.3 billion from magnate Wang Jianlin\u2019s Wanda Group.<br \/>\nBanking sources said banks had received a verbal order from the China Banking Regulatory Commission (CBRC) to conduct the check on Sunac, the country\u2019s seventh largest homebuilder controlled by Shanxi tycoon Sun Hongbin.<br \/>\nA&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2103083\/sunac-becomes-latest-be-scrutinised-china-regulators\" target=\"_blank\">Sunac becomes the latest to be scrutinised by China regulators<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s banking regulator has ordered commercial banks to scrutinise the credit exposure of Sunac China,&#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-61042","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-fSy","jetpack-related-posts":[{"id":142206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-sunac-country-garden-projects-among-property-developments-added-to-local-governments-whitelists-to-get-financial-support-from-banks\/","url_meta":{"origin":61042,"position":0},"title":"China property: Sunac, Country Garden projects among property developments added to local governments\u2019 \u2018whitelists\u2019, to get financial support from banks","date":"February 5, 2024","format":false,"excerpt":"\r Sunac China Holdings, Shimao Group, CIFI Group and Country Garden Holdings are among property developers whose projects have been included in \u2018whitelists\u2019, a mechanism that qualifies their projects for financial support from banks.\r \r Source : South China Morning Post\r Read more...China property: Sunac, Country Garden projects among property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/huarong-freezes-new-loans-to-developer-sunac\/","url_meta":{"origin":61042,"position":1},"title":"Huarong freezes new loans to developer Sunac","date":"September 20, 2017","format":false,"excerpt":"\r China Huarong Asset Management, one of the country\u2019s big four state-owned bad loan banks, has ordered a suspension of new lending to property giant Sunac China Holdings, as worries remain over high debt levels and the regulator\u2019s intolerance to high corporate leverage. Huarong\u2019s risk department ordered a suspension of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135672,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-unveils-sweetened-restructuring-offer-for-us9-1-billion-in-offshore-debt-in-latest-move-by-a-developer\/","url_meta":{"origin":61042,"position":2},"title":"Sunac China unveils sweetened restructuring offer for US$9.1 billion in offshore debt in latest move by a developer","date":"March 28, 2023","format":false,"excerpt":"\r Sunac China\u2019s sweetened proposal for US$9.1 billion in offshore debt follows a similar offer by China Evergrande last week, as developers take advantage of improving sentiment.\r \r Source : South China Morning Post\r Read more...Sunac China unveils sweetened restructuring offer for US.1 billion in offshore debt in latest move\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118126,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-sunac-china-proposes-to-spin-off-property-services-arm-and-list-it-in-hong-kong\/","url_meta":{"origin":61042,"position":3},"title":"Mainland developer Sunac China proposes to spin off property services arm and list it in Hong Kong","date":"August 7, 2020","format":false,"excerpt":"\r Mainland developer Sunac China plans to spin-off Sunac Services Holdings, its property management unit and list it in Hong Kong, with analysts expecting China\u2019s struggling home builders looking to cash in on the profitable parts of their business amid a souring property market.After the spin-off and listing, Sunac China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60106,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-shares-plunge-on-leecos-worsening-crisis\/","url_meta":{"origin":61042,"position":4},"title":"Sunac China shares plunge on LeEco\u2019s worsening crisis","date":"July 7, 2017","format":false,"excerpt":"\r Shares of Sunac China slumped in Hong Kong on Friday as investors fear that the developer could suffer a big loss from its 15 billion yuan (US$2.2 billion) bet on the cash-strapped LeEco Group, and would be forced to take over operations of the group\u2019s core business. Sunac shares\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-makes-us2-62-billion-provision-for-investment-losses-related-to-leshi\/","url_meta":{"origin":61042,"position":5},"title":"Sunac China makes US$2.62 billion provision for investment losses related to Leshi","date":"March 29, 2018","format":false,"excerpt":"\r Sunac China has set aside 16.6 billion yuan (US$2.62 billion) for possible losses related to its investment and guarantees in the debt-laden Leshi Internet Information and Technology, after conceding that efforts to revitalise the company have been inconclusive. Sunac, the fourth-largest developer in China by sales value, announced the\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\/61042"}],"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=61042"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/61042\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=61042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=61042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=61042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}