Here comes S & P! The first wholly foreign-owned rating agency completed the filing of China Securities Regulatory Commission

category:Finance
 Here comes S & P! The first wholly foreign-owned rating agency completed the filing of China Securities Regulatory Commission


The filing and registration of S & P credit rating means that S & P credit rating will be able to carry out rating on the bonds and asset-backed securities (except for treasury bonds) registered and issued by the CSRC, listed and traded in the bond market of the exchange, as well as the issuers, initiators, companies and other objects specified by the CSRC.

According to the reporters understanding, S & P credit rating has released 15 ratings, including main rating, structural financing rating, etc. At present, the main ratings of S & P credit rating are mostly financial institutions with good qualifications, and most of them have obtained 3A rating.

In addition, S & P credit rating conducted a study on 1200 non-financial enterprises last year, and the median credit quality of potential entities is located in BBB. According to standard & Poors credit rating, compared with other industries, the credit quality of potential entities in power generation and public utilities, transportation infrastructure and periodic transportation is better, which is due to higher industry concentration, strong competitive position and close relationship with the government. On the contrary, the credit quality of potential entities in the business services, pharmaceutical, retail catering, technology hardware and semiconductor industries is weak, which we believe is due to more intense competition in these industries. According to standard & Poors credit rating, under the background of further differentiation of enterprise credit quality caused by the slowdown of Chinas economic growth, the top enterprises will maintain stable credit quality in 2020. Source: Economic Observer, editor in charge: Yang Bin_ NF4368

In addition, S & P credit rating conducted a study on 1200 non-financial enterprises last year, and the median credit quality of potential entities is located in BBB. According to standard & Poors credit rating, compared with other industries, the credit quality of potential entities in power generation and public utilities, transportation infrastructure and periodic transportation is better, which is due to higher industry concentration, strong competitive position and close relationship with the government. On the contrary, the credit quality of potential entities in the business services, pharmaceutical, retail catering, technology hardware and semiconductor industries is weak, which we believe is due to more intense competition in these industries. According to standard & Poors credit rating, under the background of further differentiation of enterprise credit quality caused by the slowdown of Chinas economic growth, the top enterprises will maintain stable credit quality in 2020.