{"id":24261,"date":"2021-10-20T07:00:23","date_gmt":"2021-10-20T07:00:23","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=24261"},"modified":"2021-10-20T07:00:23","modified_gmt":"2021-10-20T07:00:23","slug":"shimaos-unit-taps-a-jittery-capital-market-in-a-surprise-plea-for-funds-sending-nervous-investors-heading-for-the-exit","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=24261","title":{"rendered":"Shimao\u2019s unit taps a jittery capital market in a surprise plea for funds, sending nervous investors heading for the exit"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostShimao Services Holdings, the management unit of one of China\u2019s largest property developers, is tapping the capital market for funds, a plan that surprised investors who are already jittery over the financial state of China\u2019s indebted developers, causing its shares to tumble.Shimao plans to issue HK$3.11 billion of convertible bonds at a conversion price of HK$18.22 per share, and sell 115 million shares at HK$15.18 to raise a combined HK$4.86 billion (US$624 million), according to two filings\u2026<a href=\"https:\/\/www.scmp.com\/business\/article\/3152990\/shimaos-unit-taps-jittery-capital-market-surprise-plea-funds-sending?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostShimao Services Holdings, the management unit of one of China\u2019s largest property developers, is tapping the capital market for funds, a plan that surprised&hellip; <\/p>\n","protected":false},"author":0,"featured_media":24262,"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\/24261"}],"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=24261"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/24261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/24262"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24261"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}