(The following statement was released by the rating agency)
Link to Fitch Ratings' Report: China Property: 2015 Results
Prompting Downgrades
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=880634
HONG KONG, May 30 (Fitch) Fitch Ratings says in a new report
that the greater
divergence in the performance of Chinese property companies in
2015 has driven
more negative rating actions in 2016. There were nine negative
rating actions
between 1 January and 15 May 2016, compare
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