{"id":92706,"date":"2018-06-28T13:49:11","date_gmt":"2018-06-28T06:49:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-tightens-funding-for-real-estate-and-infrastructure-firms-limits-use-of-offshore-bond-proceeds\/"},"modified":"2018-06-28T14:03:22","modified_gmt":"2018-06-28T07:03:22","slug":"china-tightens-funding-for-real-estate-and-infrastructure-firms-limits-use-of-offshore-bond-proceeds","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-tightens-funding-for-real-estate-and-infrastructure-firms-limits-use-of-offshore-bond-proceeds\/","title":{"rendered":"China tightens funding for real estate and infrastructure firms, limits use of offshore bond proceeds"},"content":{"rendered":"<p>&#013;<br \/>\nChina has moved to limit the use of proceeds from offshore bonds sold by developers and local government financial vehicles. In a statement late on Wednesday, the National Development and Reform Commission, which regulates companies\u2019 foreign debt sales, said proceeds from offshore note issuances should be used to repay existing debt, instead of investing in domestic property projects and replenishing working capital.<br \/>\nSome [firms]with small operating revenues and profits have registered&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/banking-finance\/article\/2152894\/china-tightens-funding-real-estate-and-infrastructure-firms\" target=\"_blank\">China tightens funding for real estate and infrastructure firms, limits use of offshore bond proceeds<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China has moved to limit the use of proceeds from offshore bonds sold by developers&#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-92706","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-o7g","jetpack-related-posts":[{"id":107728,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-developers-slammed-after-china-reportedly-tightens-access-to-bond-market-funding\/","url_meta":{"origin":92706,"position":0},"title":"Real estate developers slammed after China reportedly tightens access to bond market funding","date":"June 3, 2019","format":false,"excerpt":"\r Shares of Chinese real estate developers were under pressure on Monday after reports that regulators plan to restrict access to funding through the bond market, reflecting the latest move to cool a property market that has been heating up since early this year.The bond financing halt, could be a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":58002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinese-developers-sell-fewer-offshore-bonds-in-tightening-drive\/","url_meta":{"origin":92706,"position":1},"title":"Chinese developers sell fewer offshore bonds in tightening drive","date":"June 15, 2017","format":false,"excerpt":"\r Chinese developers sold fewer offshore dollar bonds in the second quarter, retracting from the strong start at the beginning of the year, as Beijing tightens the liquidity of real estate firms to curb rising home prices. Developers issued nine US dollar-denominated bonds totalling US$2.9 billion during the April-June period,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124116,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-property-debt-crisis-rf-warns-its-asset-sales-may-not-meet-bond-repurchase-deadline-in-a-slumping-real-estate-market\/","url_meta":{"origin":92706,"position":2},"title":"China property debt crisis: R&amp;F warns its asset sales may not meet bond repurchase deadline in a slumping real estate market","date":"January 6, 2022","format":false,"excerpt":"\r Guangzhou R&F Properties said it may not be able to sell assets in time to buy back some of its offshore bonds, as one of China\u2019s largest and most indebted developers struggles to meet its debt obligations amid a sinking real estate market.The actual amount of funds that can\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72103,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wanda-wants-us5b-from-single-buyer-for-five-offshore-assets-as-china-reins-in-investments-abroad\/","url_meta":{"origin":92706,"position":3},"title":"Wanda wants US$5b from single buyer for five offshore assets as China reins in investments abroad","date":"November 17, 2017","format":false,"excerpt":"\r Chinese conglomerate Dalian Wanda Group, once a serial acquirer of overseas assets, is offering to sell all five of its large-scale projects in Britain, the US and Australia to a single buyer for an estimated US$5 billion, as Beijing tightens control over companies\u2019 offshore investments. It is the latest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139293,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-suffers-new-blow-after-failing-to-meet-rules-on-offshore-bond-sales-hobbling-years-of-efforts-to-restructure-us20-billion-of-defaulted-debt\/","url_meta":{"origin":92706,"position":4},"title":"China Evergrande suffers new blow after failing to meet rules on offshore bond sales, hobbling years of efforts to restructure US$20 billion of defaulted debt","date":"September 25, 2023","format":false,"excerpt":"\r China Evergrande\u2019s debt woes are deepening, two years after trying to fix its problems. It has fallen short of local requirements to sell new securities offshore, a key plank in its US$20 billion debt workout with creditors.\r \r Source : South China Morning Post\r Read more...China Evergrande suffers new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13010,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/panama-papers-expose-secret-offshore-firms-of-vancouver-developer-michael-ching-wanted-by-china-for-graft\/","url_meta":{"origin":92706,"position":5},"title":"Panama Papers expose secret offshore firms of Vancouver developer Michael Ching, wanted by China for graft","date":"May 13, 2016","format":false,"excerpt":"\r Vancouver property developer Michael Ching Mo Yeung, who is wanted by China for corruption and hiding illicit assets, was a director and owner of two secret offshore companies set up in the tax haven of the British Virgin Islands in the 1990s, according to leaked financia\r \r Source :\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\/92706"}],"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=92706"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/92706\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=92706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=92706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=92706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}