Monday, May 30, 2016

Fitch: More Sub-Sector Differentiation in Chinese Property Drives Downgrades

(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

Read more

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