{"id":99212,"date":"2018-10-05T20:15:30","date_gmt":"2018-10-05T13:15:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-wuzhou-international-misses-us204-million-in-bond-payments\/"},"modified":"2018-10-05T21:03:05","modified_gmt":"2018-10-05T14:03:05","slug":"chinas-wuzhou-international-misses-us204-million-in-bond-payments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-wuzhou-international-misses-us204-million-in-bond-payments\/","title":{"rendered":"China\u2019s Wuzhou International misses US$204 million in bond payments"},"content":{"rendered":"


\nTroubled mainland Chinese developer Wuzhou International Holdings said it had missed 1.4 billion yuan (US$204 million) in bonds payments and was also facing claims for at least 756 million yuan, adding to a string of earlier defaults and financial woes.
\nThe company\u2019s revelation comes amid the rising the number of bond defaults by Chinese companies this year as the government reduced implicit guarantees, in turn moral hazard, to steer the debt market towards a healthier development. State-…
\n
\nSource : South China Morning Post
\nRead more…China\u2019s Wuzhou International misses US4 million in bond payments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Troubled mainland Chinese developer Wuzhou International Holdings said it had missed 1.4 billion yuan (US$204...<\/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-99212","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-pOc","jetpack-related-posts":[{"id":102367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developer-cifi-holdings-bucks-high-coupon-trend-on-us400-million-bond\/","url_meta":{"origin":99212,"position":0},"title":"Mainland developer CIFI Holdings bucks high coupon trend on US$400 million bond","date":"December 18, 2018","format":false,"excerpt":"\r Hong Kong-listed CIFI Holdings (Group) on Tuesday became the latest mainland developer to issue bonds as they face surging refinance demand as more than US$37 billion worth of debt matures next year. Bond defaults among Chinese developers is on the rise, with Xinhua reporting in November that at least\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124517,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/investors-shun-chinese-developers-as-bond-sales-slump-70-per-cent-with-market-frozen-for-many-junk-rated-borrowers-amid-defaults\/","url_meta":{"origin":99212,"position":1},"title":"Investors shun Chinese developers as bond sales slump 70 per cent with market frozen for many junk-rated borrowers amid defaults","date":"February 9, 2022","format":false,"excerpt":"\r Investors seem to have lost their appetite for bonds issued by Chinese developers while rising defaults by an increasing number of cash-strapped companies have pushed the cost of funding for the sector to more than a decade high.Chinese real estate companies issued 48.1 billion yuan (US$7.6 billion) worth of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138701,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-gardens-stocks-bonds-tumble-after-chinese-developer-misses-us22-5-million-coupon-payments-on-offshore-note\/","url_meta":{"origin":99212,"position":2},"title":"Country Garden\u2019s stocks, bonds tumble after Chinese developer misses US$22.5 million coupon payments on offshore note","date":"August 8, 2023","format":false,"excerpt":"\r Country Garden Holdings, one of China\u2019s biggest property developers by sales, tumbled in both the shares and bonds markets amid concerns about its debt problems after it missed two US dollar bond coupon payments on Tuesday.\r \r Source : South China Morning Post\r Read more...Country Garden\u2019s stocks, bonds tumble\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124371,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-aims-to-unveil-debt-restructuring-in-six-months-time-after-bond-defaults-as-creditors-begin-to-lose-patience\/","url_meta":{"origin":99212,"position":3},"title":"Evergrande aims to unveil debt restructuring in six months\u2019 time after bond defaults as creditors begin to lose patience","date":"January 27, 2022","format":false,"excerpt":"\r Embattled China Evergrande Group has promised investors and creditors that it will roll out a debt restructuring plan in the next six months.The world\u2019s most indebted developer with 1.97 trillion yuan (US$310 billion) of liabilities \u201cwill continue to listen carefully to the opinions and suggestions of the creditors\u201d and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cifi-defaults-on-bond-triggering-sell-off-of-developers-fears-chinese-property-debt-crisis-is-spreading\/","url_meta":{"origin":99212,"position":4},"title":"Cifi defaults on bond, triggering sell-off of developers, fears Chinese property debt crisis is spreading","date":"October 13, 2022","format":false,"excerpt":"\r Cifi Holdings\u2019 first offshore bond default sparks fears that the debt crisis gripping China\u2019s property sector is spreading to developers previously deemed financially sound.\r \r Source : South China Morning Post\r Read more...Cifi defaults on bond, triggering sell-off of developers, fears Chinese property debt crisis is spreading","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126681,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunac-china-holdings-defaults-on-us741-6-million-bond-snared-by-three-red-lines-policy-and-sputtering-home-sales-amid-covid-19-outbreaks\/","url_meta":{"origin":99212,"position":5},"title":"Sunac China Holdings defaults on US$741.6 million bond, snared by \u2018three red lines\u2019 policy and sputtering home sales amid Covid-19 outbreaks","date":"May 12, 2022","format":false,"excerpt":"\r The company failed to make an interest payment and expects to miss payments on three additional notes, as it struggles to contend with a dramatic drop in sales and China\u2019s \u201cthree red lines\u201d policy.\r \r Source : South China Morning Post\r Read more...Sunac China Holdings defaults on US1.6 million\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\/99212"}],"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=99212"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/99212\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=99212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=99212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=99212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}