Moody's

Moody's raises its outlook for residential property to stable

As concerns fade that the central government will soon introduce measures to tighten lending in the mainland property market, ratings agency Moody's Investors Service has revised its outlook for the housing sector to stable from negative.

Wednesday, 7 October, 2009, 12:00am

Capital injection likely to boost credit rating of Agricultural Bank

Agricultural Bank of China, the mainland's third-largest lender, may earn a higher credit rating from Moody's Investors Service after receiving a US$19 billion capital injection from the government.

25 Oct 2008 - 12:00am

Hong Long targets US$200m bond sale

Hong Long, a Hong Kong-listed small mainland developer, plans to raise as much as US$200 million in its first international bond sale to refinance existing debt and buy land, market sources and credit rating agencies disclosed.

Hong Long raised HK$450 million in February in an initial public offering on the local bourse.

25 Jul 2007 - 12:00am

Li & Fung targets US$500m from first global bond offering

Li & Fung, a Hong Kong-listed trading company, plans to raise as much as US$500 million in its first global bond sale to fund business development and acquisitions, according to market sources.

The company planned to raise between US$300 million and US$500 million from the sale of 10-year bonds, the sources said yesterday.

4 May 2007 - 12:00am

Ratings firm wants a bright senior analyst

A ratings and research firm with a global workforce of more than 1,000 analysts is looking for a bright mind to join its expanding team in Asia.

9 Sep 2006 - 12:00am

In Brief

Clp's ratings affirmed

Moody's Investors Service has affirmed the A1 credit rating of electricity utility CLP Holdings and an Aa3 rating of its wholly owned subsidiary, CLP Power, as it finds no changes in their credit fundamentals as a result of new accounting standards.

22 Aug 2006 - 12:00am

Moody's downgrades Citic to junk investment

Moody's Investors Service has re-assigned mainland conglomerate Citic Pacific a Ba1 corporate rating and withdrawn a Baa3 issuer rating, effectively downgrading it to a junk investment.

17 Jun 2006 - 12:00am

Moody's links up with China ratings company

International ratings agency Moody's Investors Service is taking a 49 per cent stake in China Chengxin International Credit Rating to tap the mainland's rising demand for ratings services.

14 Apr 2006 - 12:00am

Rail operators get Moody's credit boost

MTR Corp and Kowloon-Canton Railway Corp will for the first time have higher credit ratings than the Hong Kong government after an upgrade by Moody's Investors Service yesterday.

15 Jul 2005 - 12:00am

Big Four banks 'ill-equipped to cope'

Moody's says BOC and CCB lack adequate business models to defend against liberalisation of the sector

Bank of China (BOC) and China Construction Bank (CCB) have yet to develop business models strong enough to cope with rising competition and declining state support, despite recent reforms, according to ratings agency Moody's.

8 Dec 2004 - 12:00am

Democracy battle scares rating firms

The struggle over democracy is sharpening concerns about the government's ability to reduce the budget deficit, credit rating agencies said yesterday.

6 May 2004 - 12:00am

Moody's may upgrade China Mobile

Moody's Investors Service has placed China Mobile under review for a possible upgrade due to its stronger financial profile.

The credit ratings agency yesterday said China Mobile, the world's largest mobile carrier with 160 million users, had demonstrated its ability to manage growth - both organic and through acquisitions - leading to a more sustainable business.

3 Mar 2004 - 12:00am

Moody's may upgrade China Mobile

Moody's Investors Service has placed China Mobile under review for a possible upgrade due to its stronger financial profile.

The credit ratings agency yesterday said China Mobile, the world's largest mobile carrier with 160 million users, had demonstrated its ability to manage growth - both organic and through acquisitions - leading to a more sustainable business.

3 Mar 2004 - 12:00am

Moody's outlook pragmatic

Moody's Investors Service expects China to continue pragmatic economic reform policies despite the upcoming leadership changes.

9 Aug 2002 - 12:00am

Moody's maintain's cautious outlook for European firms

An uncertain outlook for the European property market this year will add to pressure being experienced by real-estate investment and development companies to maintain and increase returns in a low-inflation environment, Moody's Investors Service reports in its latest industry outlook.

26 Jun 2002 - 12:00am