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May 31, 2022

CCXAP downgrades Jinke Property Group Co., Ltd’s ratings to CCCg, with negative outlook

Hong Kong, 31 May 2022 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) downgraded the long-term credit rating and senior unsecured debt rating of Jinke Property Group Co., Ltd. to CCCg from Bg. At the same time, CCXAP has changed the rating outlook to negative and removed the ratings from watch negative.

 

Click HERE to download the press release.

 

CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. Methodology used in this rating is the Rating Methodology for Real Estate Development Industry dated December 2019, available at www.ccxap.com (Rating Methodologies).