Property News · September 15, 2022

State-owned home builder Sino-Ocean Group has credit rating cut to junk by Fitch, following Moody’s downgrade in August


Fitch said that the downgrade reflected tightened liquidity at a Sino-Ocean finance unit, which has had a negative impact on rating.

Source : South China Morning Post
Read more…State-owned home builder Sino-Ocean Group has credit rating cut to junk by Fitch, following Moody’s downgrade in August