{"id":28017,"date":"2021-11-26T04:19:09","date_gmt":"2021-11-26T04:19:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=28017"},"modified":"2021-11-26T04:19:09","modified_gmt":"2021-11-26T04:19:09","slug":"debt-stricken-fantasia-becomes-first-chinese-developer-to-face-a-wind-up-petition-possible-liquidation","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=28017","title":{"rendered":"Debt-stricken Fantasia becomes first Chinese developer to face a wind-up petition, possible liquidation"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostFantasia Holdings Group said a major subsidiary was facing a wind-up petition filed by its creditors, which could force the debt-ridden Chinese developer into insolvency.The Shenzhen-based developer said in a stock exchange filing on Thursday evening that the petition was related to a US$149 million loan of which Fantasia Investment Holdings was a guarantor.It is the first time that a wind-up petition related to offshore debts has been filed against a mainland developer or its subsidiaries.\u201cThe\u2026<a href=\"https:\/\/www.scmp.com\/business\/banking-finance\/article\/3157446\/debt-stricken-fantasia-becomes-first-chinese-developer?utm_source=rss_feed\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostFantasia Holdings Group said a major subsidiary was facing a wind-up petition filed by its creditors, which could force the debt-ridden Chinese developer into&hellip; <\/p>\n","protected":false},"author":0,"featured_media":28018,"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\/28017"}],"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=28017"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/28017\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/28018"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28017"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}