{"id":79026,"date":"2018-02-06T16:54:51","date_gmt":"2018-02-06T09:54:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-two-years-of-rapid-expansion-chinese-developers-back-off-from-hong-kong-projects\/"},"modified":"2018-02-06T17:03:22","modified_gmt":"2018-02-06T10:03:22","slug":"after-two-years-of-rapid-expansion-chinese-developers-back-off-from-hong-kong-projects","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/after-two-years-of-rapid-expansion-chinese-developers-back-off-from-hong-kong-projects\/","title":{"rendered":"After two years of rapid expansion, Chinese developers back off from Hong Kong projects"},"content":{"rendered":"


\nConcerns about Hong Kong developers losing market share to their Chinese peers are fading as mainland companies have pulled back from their breakneck expansion in the city, according to a report from S&P Global Ratings.
\n\u201cMainland developers took up nearly half of the land tenders during the financial years of 2015 and 2016, but their share has dropped to only 11 per cent in the current financial year,\u201d because of the effects of Chinese capital controls and tighter scrutiny on…
\n
\nSource : South China Morning Post
\nRead more…After two years of rapid expansion, Chinese developers back off from Hong Kong projects<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Concerns about Hong Kong developers losing market share to their Chinese peers are fading as...<\/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-79026","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-kyC","jetpack-related-posts":[{"id":113889,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-are-returning-to-hong-kong-land-tenders-as-loss-of-appetite-among-local-rivals-brings-prices-down\/","url_meta":{"origin":79026,"position":0},"title":"Mainland Chinese developers are returning to Hong Kong land tenders as loss of appetite among local rivals brings prices down","date":"January 27, 2020","format":false,"excerpt":"\r More mainland Chinese developers will return to the Hong Kong land market as it becomes easier to outbid their local rivals who are holding back amid the city\u2019s gloomy economic outlook, say industry experts.They have already won three government tenders for sites in the current financial year, without having\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-firms-pick-up-assets-on-the-cheap-from-stricken-mainland-chinese-developers\/","url_meta":{"origin":79026,"position":1},"title":"Hong Kong property firms pick up assets on the cheap from stricken mainland Chinese developers","date":"November 30, 2021","format":false,"excerpt":"\r Mid-sized Hong Kong property firms are picking up residential plots at heavily discounted prices from cash-strapped mainland Chinese developers who are speeding up asset sales to repay debt.Far East Consortium International recently snapped up two land parcels, one of which was from the heavily indebted Kaisa Group Holdings.\u201cWe may\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104445,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-developers-take-redevelopment-route-to-shore-up-hong-kong-land-bank-as-they-fail-to-win-government-tenders\/","url_meta":{"origin":79026,"position":2},"title":"Mainland Chinese developers take redevelopment route to shore up Hong Kong land bank as they fail to win government tenders","date":"February 27, 2019","format":false,"excerpt":"\r Mainland Chinese builders appear to be shifting their Hong Kong land bank strategy by acquiring old buildings for redevelopment, as fierce competition and Beijing\u2019s capital outflow restrictions make it difficult to secure plots in government tenders.Last year, they submitted 39 compulsory en-bloc sale applications to Hong Kong\u2019s Lands Tribunal,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parking-is-prime-in-hong-kong-property-market\/","url_meta":{"origin":79026,"position":3},"title":"Parking is prime in Hong Kong property market","date":"May 18, 2017","format":false,"excerpt":"\r The most expensive plot of land ever sold in Hong Kong is a public car park squeezed between Cheung Kong Center and Hutchison House, two major flagship buildings owned by the city's richest man Li Ka-shing.The HK$23.3 billion (Dh10.99bn) site at Murray Road, in the heart of Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-shy-away-from-hong-kong-land-tenders\/","url_meta":{"origin":79026,"position":4},"title":"Mainland developers shy away from Hong Kong land tenders","date":"May 25, 2017","format":false,"excerpt":"\r Chinese companies continue to shy away from Hong Kong\u2019s land market with just one mainland backed company known to have submitted a bid for a residential site in Yuen Long. MTR Corp said eight developers had submitted bids for the parcel of land at Kam Sheung Road Station on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-in-hong-kong-at-risk-of-losses-after-paying-high-prices-for-land\/","url_meta":{"origin":79026,"position":5},"title":"Mainland developers in Hong Kong at risk of losses after paying high prices for land","date":"August 15, 2018","format":false,"excerpt":"\r Two mainland Chinese developers face an expensive lesson for being late. In the past year, China Evergrande Group and Country Garden paid huge prices for land for residential development in the New Territories. But their Hong Kong counterparts snapped up similar land plots for far less as little as\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\/79026"}],"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=79026"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79026\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}