Several Chinese developers request rating withdrawals “to prevent risks”
FEATURES
Several Chinese developers request rating withdrawals “to prevent risks”
FEATURES

Several Chinese developers request rating withdrawals “to prevent risks”

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

The top three global credit rating agencies - Moody's Investors Service, S&P's Global Ratings and Fitch Ratings have lowered ratings of several Chinese property developers as homebuilders struggles in a sector-wide liquidity crunch.

That has led to several developers to request rating withdrawal in a move to "prevent risks as a rating downgrade sometimes trigger acceleration of repayment of a company's other offshore debts.

Sign In or Subscribe To Get Full Access.

 

Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.

Follow China Market In The Most Efficient Way!

 

TRY US FOR FREE

 

Sign Up For Free Weekly China Market Highlights HERE!Â