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December 30, 2019

CCXAP Updated Rating Methodology for Global Real Estate Development Companies

Hong Kong, 30 December 2019 - China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has published the revised version of global rating methodology for real estate development industry. This rating methodology adopted by CCXAP applies to the real estate development industry, which includes companies whose main business is in the development and sales of residential and commercial properties.


The revised methodology replaces the “Rating Methodology for Real Estate Development Industry” published in April 2019, effective on 27 December 2019.

 

Please click here for more information.


To access the updated methodology, which is now publicly available, please go to www.ccxap.com or click here.


The implementation of the updated methodology will cause rating changes on some of our rated entities. The information of the rating changes is available by clicking here, which lists out the affected entities and their rating changes.