News & Events
2019.12.31
CCXAP assigns first-time BBg+ to Zhuhai Huafa Industrial Co., Ltd., with stable outlook
Hong Kong, 31 December 2019 -- China Chengxin (Asia Pacific) Credit Ratings (“CCXAP”) has assigned a first-time long-term credit rating of BBg+ to Zhuhai Huafa Industrial Co., Ltd. (“Huafa”). The rating outlook is stable.
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CCXAP’s public ratings are available at www.ccxap.com (Rating Results) and may be distributed through media and other means. The methodology used in this rating is Rating Methodology for Real Estate Development Industry dated December 2019, available at www.ccxap.com (Rating Process -> Rating Methodology).