{"id":114411,"date":"2025-11-04T06:29:08","date_gmt":"2025-11-04T06:29:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/114411\/"},"modified":"2025-11-04T06:29:08","modified_gmt":"2025-11-04T06:29:08","slug":"new-world-vanke-debt-moves-shake-up-chinas-property-sector","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/114411\/","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":114412,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[1577,114,1657,1575,184,234,3448,85,46,1437,190,72938,4861,1880,16212],"class_list":["post-114411","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-bonds","tag-business","tag-china","tag-debt","tag-economy","tag-government","tag-hong-kong","tag-il","tag-israel","tag-japan","tag-markets","tag-new-world-development","tag-real-estate","tag-tokyo","tag-us-dollar-spot"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/114411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=114411"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/114411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/114412"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=114411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=114411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=114411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}