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March 17, 2022

CCXAP withdraws Sunac China Holdings Limited’s rating

Hong Kong, 17 March 2022 -- China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) has withdrawn Sunac China Holdings Limited (“Sunac China”)’s long-term credit rating of BBg+ for business reasons. Prior to the rating withdrawal, Sunac China’s rating outlook was negative.  

 

Click HERE to download the press release.

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results). The methodology used in this rating is the Rating Methodology for Real Estate Development Industry (December 2019), available at www.ccxap.com (Rating Methodologies).