CCXAP downgrades Jinke Property Group Co., Ltd’s ratings to Bg; ratings remain on watch negative | News & Events | China Chengxin (Asia Pacific) Credit Ratings Company Limited

2022.5.24

CCXAP downgrades Jinke Property Group Co., Ltd’s ratings to Bg; ratings remain on watch negative

Hong Kong, 24 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 B_g from BB_g-. The ratings remain on watch negative.

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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. Methodology used in this rating is the Rating Methodology for Real Estate Development Industry dated December 2019, available at www.ccxap.com (Rating Methodologies).