{"id":144041,"date":"2026-01-13T00:30:10","date_gmt":"2026-01-13T00:30:10","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=144041"},"modified":"2026-01-13T00:30:10","modified_gmt":"2026-01-13T00:30:10","slug":"expect-no-systemic-shock-from-chinese-developer-vankes-technical-default-hsbc","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=144041","title":{"rendered":"Expect no \u2018systemic shock\u2019 from Chinese developer Vanke\u2019s \u2018technical default\u2019: HSBC"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostDistressed Chinese property developer Vanke\u2019s potential debt restructuring constitutes a one-off, technical default, and was not likely to result in contagion effects, according to an HSBC report.<br \/>\nThe leading mainland developer before it got caught up in the property crisis, Vanke has not yet registered a material default on its domestic bonds. However, two of its key medium-term notes have entered grace periods, and S&amp;P downgraded the company\u2019s long-term issuer credit rating from \u201cCCC-\u201d to \u201cSD\u201d&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3339624\/expect-no-systemic-shock-chinese-developer-vankes-technical-default-hsbc?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostDistressed Chinese property developer Vanke\u2019s potential debt restructuring constitutes a one-off, technical default, and was not likely to result in contagion effects, according to&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/144041"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=144041"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/144041\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144041"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}