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Fitch Assigns 'BBB+' Long-Term Issuer Default Rating to CHALCO Hong Kong with Stable Outlook
Recommend 7 Positive 8 Negative 5 |
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Fitch Ratings has assigned a 'BBB+' long-term issuer default rating to CHALCO Hong Kong, with a stable outlook. Fitch has also assigned a 'BBB+' long-term senior unsecured rating to the company. Fitch applied the 'Parent and Subsidiary Linkage Rating Criteria' using the 'Stronger Parent, Weaker Subsidiary' approach to rate CHALCO Hong Kong. The rating of CHALCO Hong Kong is aligned with its parent company, ALUMINUM CORPORATION OF CHINA LIMITED (02600.HK), reflecting Fitch's view that ALUMINUM CORPORATION OF CHINA LIMITED has a 'moderate' willingness to provide legal support, 'high' willingness to provide strategic support, and 'high' willingness to provide operational support. (ca/a) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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