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Press Release

CCXAP affirms China Evergrande Group long-term credit rating at AAg-, with stable outlook

 

Hong Kong, 31st July 2018 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has affirmed the long-term credit rating of China Evergrande Group (“Evergrande”) at AAg-. The rating outlook is stable.

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results>Ratings Surveillance) and may be distributed through media and other means. The methodology used in this rating is Global Rating Methodology for Real Estate Development Industry dated May 2017, available at www.ccxap.com (Rating Process -> Rating Methodology).

 

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