{"id":71052,"date":"2017-11-06T19:36:08","date_gmt":"2017-11-06T12:36:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing\/"},"modified":"2017-11-06T20:04:05","modified_gmt":"2017-11-06T13:04:05","slug":"china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-raises-another-us9bn-to-cut-debt-ahead-of-shenzhen-listing\/","title":{"rendered":"China Evergrande raises another US$9bn to cut debt ahead of Shenzhen listing"},"content":{"rendered":"<p>&#013;<br \/>\nChina Evergrande Group, the country\u2019s largest property developer by sales, has raised another 60 billion yuan (US$9 billion) from strategic investors as it looks to further reduce debt ahead of the listing of its property arm, Hengda Real Estate, on the Shenzhen Stock Exchange.<br \/>\nThe latest funding, the third round this year, has brought the total amount the company has raised to 129.5 billion yuan through the sale of a total stake of 36.54 per cent of Hengda, according to a company&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/article\/2118663\/china-evergrande-raises-another-us9bn-cut-debt-ahead-shenzhen-listing\" target=\"_blank\">China Evergrande raises another USbn to cut debt ahead of Shenzhen listing<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China Evergrande Group, the country\u2019s largest property developer by sales, has raised another 60 billion&#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-71052","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-iu0","jetpack-related-posts":[{"id":56568,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-raises-another-us5-78b-after-selling-a-quarter-of-property-subsidiary-hengda\/","url_meta":{"origin":71052,"position":0},"title":"Evergrande raises another US$5.78b, after selling a quarter of property subsidiary Hengda","date":"June 1, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s largest property developer by sales, raised 39.5 billion yuan (US$5.78 billion) in a second round of funding this year on Thursday morning, by selling stakes in one of its core property subsidiaries to a group of 13 investors, including Shenzhen-based Shen Yip Group. Together\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39431,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-draws-eight-strategic-investors-for-shenzhen-listing\/","url_meta":{"origin":71052,"position":1},"title":"Evergrande draws eight strategic investors for Shenzhen listing","date":"January 2, 2017","format":false,"excerpt":"\r China Evergrande Group, the country\u2019s second-largest property developer, said it has introduced eight strategic investors to fund its back-door listing in Shenzhen. The investors, who will contribute 30 billion yuan in total, will jointly own 13.16 per cent of the enlarged equity interest in Hengda Real Estate, a wholly\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-looks-for-ways-to-boost-valuation-ahead-of-upcoming-back-door-listing\/","url_meta":{"origin":71052,"position":2},"title":"China Evergrande looks for ways to boost valuation ahead of upcoming back door listing","date":"February 8, 2017","format":false,"excerpt":"\r China Evergrande Group\u2019s property unit Hengda Real Estate has sold its controlling stake in China Calxon Group after holding it for less than 10 months. Hengda Real Estate agreed to sell its 52.78 per cent shareholding in Zhejiang-based state-owned developer Calxon to another Evergrande subsidiary, Kailong Real Estate, which\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28359,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-to-bring-property-unit-back-to-mainland-through-backdoor-listing\/","url_meta":{"origin":71052,"position":3},"title":"China Evergrande to bring property unit back to mainland through backdoor listing","date":"October 3, 2016","format":false,"excerpt":"\r Hong Kong-listed China Evergrande Group is bringing its core property business back to the mainland Chinese stock market through the acquisition of a Shenzhen listed developer. Shenzhen Special Economic Zone Real Estate & Properties will buy 100 per cent of the equity interest in Hengda Real Estate, the property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122674,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-concerns-linger-even-as-embattled-developers-hengda-unit-makes-interest-payment-on-us327-million-onshore-bond\/","url_meta":{"origin":71052,"position":4},"title":"Evergrande: concerns linger even as embattled developer\u2019s Hengda unit makes interest payment on US$327 million onshore bond","date":"October 19, 2021","format":false,"excerpt":"\r China Evergrande Group made its first interest payment on its corporate bonds in nearly a month on Tuesday as questions continue to swirl about its ability to service its massive pile of debt accumulated from years of aggressive expansion beyond its core property business, according to people familiar with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-top-bourses-chastise-evergrande-unit-hengda-set-to-punish-senior-executives-for-failing-to-publish-accounts\/","url_meta":{"origin":71052,"position":5},"title":"China\u2019s top bourses chastise Evergrande unit Hengda, set to punish senior executives for failing to publish accounts","date":"April 20, 2023","format":false,"excerpt":"\r An Evergrande unit has been pulled up by the Shanghai and Shenzhen bourse operators for failing to publish its accounts after almost a year past the deadline. It will not object to impending disciplinary action.\r \r Source : South China Morning Post\r Read more...China\u2019s top bourses chastise Evergrande unit\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\/71052"}],"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=71052"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/71052\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=71052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=71052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=71052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}