Moody's downgrades outlook on four Chinese real estate firms

China Overseas Land & Investment

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;))