Tuesday, December 27, 2016

Fitch Rates China Vanke's USD Senior Notes Final 'BBB+'

(The following statement was released by the rating agency)

HONG KONG, December 27 (Fitch) Fitch has assigned China Vanke

Co., Ltd.'s

(Vanke, BBB+/Stable) USD600m 3.95% senior notes due in 2019 a

final rating of

'BBB+'.

The notes are issued by Bestgain Real Estate Lyra Limited and

guaranteed by

Vanke Real Estate (Hong Kong) Company Ltd (Vanke HK), a wholly

owned subsidiary

of Vanke. The assignment of the final rating follows the receipt

of documents

conforming to information already receiv

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