CCXAP assigns rating to nine Chinese real estate development companies
Hong Kong, 24 May 2017 – China Chengxin (Asia Pacific) Credit Ratings Company Limited (“CCXAP”) assigned five solicited and four unsolicited long-term credit rating to the following Chinese real estate developing companies:
Company Name |
Rating Type |
Credit Rating |
Rating Outlook |
China Overseas Land & Investment Ltd. |
Unsolicited Rating |
AAg |
Stable |
China Vanke Co., Ltd. |
Unsolicited Rating |
AAg |
Stable |
Beijing Capital Land Ltd. |
Solicited Rating |
AAg- |
Stable |
Sino-Ocean Group Holding Limited |
Solicited Rating |
AAg- |
Stable |
China Evergrande Group |
Unsolicited Rating |
AAg- |
Stable |
CIFI Holdings (Group) Co. Ltd. |
Solicited Rating |
Ag+ |
Stable |
Greenland Hong Kong Holdings Limited |
Solicited Rating |
Ag+ |
Stable |
Fantasia Holdings Group Co., Limited |
Solicited Rating |
Ag |
Stable |
Jingrui Holdings Limited |
Unsolicited Rating |
BBBg- |
Stable |
The rating reports are placed under the icon "Rating Results". The methodology used in these ratings is Global Rating Methodology for Real Estate Development Industry dated May 2017 placed under the icon “Rating Process > Rating Methodology”.