Banks in Asia are getting caught in the latest flare-ups in China\u2019s real estate crisis, as more than $1 billion in property-backed loans is at risk of default unless extension or refinancing deals can be reached.<\/p>\n
Hong Kong developer Parkview Group Ltd.<\/a> has a $940 million loan<\/a> due on Friday that it\u2019s aiming to extend by a year, but talks are still ongoing as Taiwanese lender Bank of Panhsin<\/a> as of Thursday had yet to approve a rollover of its portion of the loan, according to people familiar with the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"Banks in Asia are getting caught in the latest flare-ups in China\u2019s real estate crisis, as more than…\n","protected":false},"author":2,"featured_media":132899,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[337,82995,114,42043,1657,184,82994,3448,22394,85,46,190,82993,4861],"class_list":["post-132898","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asia","tag-bank-of-panhsin","tag-business","tag-capital-partners","tag-china","tag-economy","tag-hang-seng-bank-ltd","tag-hong-kong","tag-hsbc-holdings-plc","tag-il","tag-israel","tag-markets","tag-parkview-group-ltd","tag-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/132898","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=132898"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/132898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/132899"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=132898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=132898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=132898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}