Fitch Upgrades China Vanke To 'CC' From 'RD'

Reuters
2026.02.09 09:43
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Fitch:FITCH UPGRADES CHINA VANKE TO 'CC'; AFFIRMS VANKE HK AT 'CC'UPGRADED CHINA VANKE'S LONG-TERM FOREIGN- AND LOCAL-CURRENCY IDR TO 'CC' FROM 'RD'EXPECT CHINA VANKE'S FCF, INCLUDING POTENTIAL ASSET DISPOSAL PROCEEDS, TO REMAIN NEGATIVE IN 2025 AND 2026