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 CCXAP assigns rating to nine Chinese real estate development companies

Hong Kong, 24 May 2017 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) assigned five solicited and four unsolicited long-term credit rating to the following Chinese real estate developing companies:

Company Name

Rating Type

Credit Rating

Rating Outlook

China Overseas Land & Investment Ltd.

Unsolicited Rating

AAg

Stable

China Vanke Co., Ltd.

Unsolicited Rating

AAg

Stable

Beijing Capital Land Ltd.

Solicited Rating

AAg-

Stable

Sino-Ocean Group Holding Limited

Solicited Rating

AAg-

Stable

China Evergrande Group

Unsolicited Rating

AAg-

Stable

CIFI Holdings (Group) Co. Ltd.

Solicited Rating

Ag+

Stable

Greenland Hong Kong Holdings Limited

Solicited Rating

Ag+

Stable

Fantasia Holdings Group Co., Limited

Solicited Rating

Ag

Stable

Jingrui Holdings Limited

Unsolicited Rating

BBBg-

Stable

 

The rating reports are placed under the icon  "Rating Results". The methodology used in these ratings is Global Rating Methodology for Real Estate Development Industry  dated May 2017 placed under the icon “Rating Process > Rating Methodology”.