[ET Net News Agency, 19 December 2019] S&P Global Ratings said today that it had
revised the outlook on the long-term ratings on China International Capital Corp. Ltd.
(CICC)(03908) and China International Capital Corp. (Hong Kong) Ltd. (CICCHK) to stable
from positive.
It affirmed its 'BBB' long-term and 'A-2' short-term issuer credit ratings on both
companies.
The credit rating agency also affirmed the 'BBB/A-2' issue ratings on the senior
unsecured debt guaranteed by CICCHK and issued by CICC Hong Kong Finance 2016 MTN Ltd.
CICC is a China-based securities firm and CICCHK is its Hong Kong-based subsidiary.
S&P revised the outlooks on CICC and CICCHK to stable from positive because of the
effects of CICC's weakened capitalization partly offset by its strengthening business
position. (KL)
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03908 CICC
Nominal 
8.820 +0.180 (+2.083%) Others
19/12/2019 17:22
CICC & HK unit outlook revised to stable; ratings affirmed
| Remark: | Real time quote last updated: 24/04/2024 16:58 |
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