Moody's downgrades outlook on four Chinese real estate firms
21/09/2023 14:59
Sept 21 (Reuters) - Ratings agency Moody's on Thursday
downgraded its outlook to "negative" on four Chinese real estate
firms as the country's property sector reels under mounting
debt.
The ratings actions were on China Overseas Grand Oceans
Group 0081.HK , Yuexiu Property 0123.HK , China Overseas Land
And Limited 0688.HK and China Resources Land 1109.HK .
(Reporting by Raechel Thankam Job)
((RaechelThankam.Job@thomsonreuters.com;))
Recent news on China Overseas Land & Investment
See all newsChina Overseas Land at 1-1/2-year high on property sales growth
China Overseas Land set for best day in 9 weeks on March property sales growth
Brief: China Overseas Land & Investment Posts March Contracted Property Sales
Brief: China Overseas Land & Investment Posts Full-Year Net Income Attributable Of RMB12,690 Million
Brief: China Overseas Land & Investment Logs February Contracted Property Sales RMB8.464 Bln