You are here

China's CEFC Shanghai International downgraded after its bond trade is suspended

Key Chinese credit ratings agency pushes company's long-term issuer rating from AAA to AA+

Shanghai

A MAJOR Chinese credit ratings agency downgraded CEFC Shanghai International Group on Friday, a day after the company suspended trading in its bonds on the back of media reports of a probe into the chairman of its parent company.

China Lianhe Credit Rating Co. said in a

sentifi.com

Market voices on: