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Hong Kong, 28 November 2022, China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) proposes to introduce a new methodology for assessing the credit quality of all types of structured finance instruments other than Chinese nonperforming loan securitizations. The new rating methodology replaces “Rating Methodology for Assets-Backed Securities/Mortgage-Backed Securities” published by CCXAP in May 2014.

In this request for comment, CCXAP invites interested market participants to submit written comments on the proposed rating methodology by 28 December 2022 on the Request for Comment page or via email at info@ccxap.com. CCXAP will review and take all received comments into account before publishing the methodology.

PROPOSED METHODOLOGY FOR GENERAL STRUCTURED FINANCE: [LINK]

REQUEST FOR COMMENT PAGE: [LINK]