{"id":161856,"date":"2025-11-04T06:40:09","date_gmt":"2025-11-04T06:40:09","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/161856\/"},"modified":"2025-11-04T06:40:09","modified_gmt":"2025-11-04T06:40:09","slug":"new-world-vanke-debt-moves-shake-up-chinas-property-sector","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/161856\/","title":{"rendered":"New World, Vanke Debt Moves Shake Up China\u2019s Property Sector"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/17:HK\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">New World Development Co.<\/a> and <a href=\"https:\/\/www.bloomberg.com\/quote\/000002:CH\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">China Vanke Co.<\/a>, two of the most closely watched distressed Chinese property names, are again forcing investors to reckon with the fallout from the country\u2019s real estate crisis.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">About two weeks after New World said it <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-21\/new-world-says-not-undertaking-liability-management-exercise\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">wasn\u2019t undertaking<\/a> a liability management exercise, the Hong Kong distressed builder <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-11-03\/new-world-to-issue-up-to-1-9-billion-of-new-securities-notes\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">unveiled <\/a>a $1.9 billion bond swap plan that includes haircuts for creditors \u2014 particularly holders of its perpetual bonds. <\/p>\n","protected":false},"excerpt":{"rendered":"New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names,&hellip;\n","protected":false},"author":2,"featured_media":161857,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[989,79,381,6046,179,18,3428,4202,19,17,386,188,93771,1361,8639,12158],"class_list":{"0":"post-161856","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bonds","9":"tag-business","10":"tag-china","11":"tag-debt","12":"tag-economy","13":"tag-eire","14":"tag-government","15":"tag-hong-kong","16":"tag-ie","17":"tag-ireland","18":"tag-japan","19":"tag-markets","20":"tag-new-world-development","21":"tag-real-estate","22":"tag-tokyo","23":"tag-us-dollar-spot"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115490063964806515","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/161856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=161856"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/161856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/161857"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=161856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=161856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=161856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}