Sunday, April 14, 2024

Lianhe Global is a subsidiary of China Lianhe, one of the most professional and largest credit rating agencies in China and a trusted name among Chinese investors. We aim to provide independent, objective, and fair credit rating services to issuers and investors by leveraging our international expertise and unique local insight into China’s government structure and business environment.

Company Overview

Lianhe Ratings Global Limited (“Lianhe Global”) was founded in 2017 and is a wholly-owned subsidiary of China Lianhe Credit Rating Co., Ltd. (“China Lianhe”). Lianhe Global is a Chinese enterprise registered and headquartered in Hong Kong, mainly responsible for the international credit rating business of the entire Lianhe group. Lianhe Global is a Type 10 licensed corporation approved by the Hong Kong Securities and Futures Commission (SFC) to provide credit rating services.

As of 2022, Lianhe Global has published over 60 issuer international ratings and about 100 Chinese offshore USD bond ratings with a cumulative rated amount exceeding USD 23 billion, accounting for about 5% market share of all rated Chinese offshore USD bonds in 2022. We have captured approximately 80% market share of all bonds rated by Chinese international rating agencies, making us the largest indigenous-Chinese international rating agency.

Lianhe Global is an international rating agency with an extensive footprint in China. Through the domestic linkage with China Lianhe, Lianhe Global has access to a well-established and broad network of Chinese investors, bankers and issuers. On the other hand, Lianhe Global strictly follows the international rating process and standard. Our analytical team heads have a total of more than 40 years of work experience across industries and products in the Big 3 international rating agencies. At the same time, our business development and compliance teams also have about 20 years of work experience in the Big 3.

Since its establishment, Lianhe Global has received numerous awards from many foreign and Chinese financial media including “Best China Rating Agency Offshore” by Euromoney Group, “Best Chinese Offshore Ratings Agency” by FinanceAsia for four consecutive years, “Best Chinese Rating Agency for Chinese USD Bonds” by Wall Street Trader APP/SereS for four consecutive years, and “Rating Agency of the Year – Global” by the Asset etc.

Lianhe Global has been adhering to the motto of open-mindedness, diligence, and professionalism, and is committed to serving the capital market needs of bond issuers, and providing professional, objective, and valuable credit insights for international investors. It is our mission and responsibility to improve the competitiveness of indigenous Chinese rating agencies above and beyond China in the international capital market.

Our Four Core Principles

  • Independence
  • Objectiveness
  • Fairness
  • Consistency

Our Industry Focus

  • Local Investment and Development Companies (LIDC)
  • Real Estate
  • Industrials
  • Financial Institutions

Why Choose Us

Strong Market Recognition

Since the receipt of the license from the Hong Kong SFC in July 2018, Lianhe Global has published over 60 issuer international ratings and 100 Chinese offshore USD bond ratings with a cumulative rated amount exceeding USD 23 billion, accounting for about 5% market share of all rated Chinese offshore USD bonds in 2022. We have captured approximately 80% market share of all bonds rated by Chinese international rating agencies, making us the largest indigenous-Chinese international rating agency.

Among all Chinese international rating agencies, Lianhe Global has received the highest number of awards from foreign and Chinese financial media including “Best China Rating Agency Offshore” by Euromoney Group, “Best Chinese Offshore Ratings Agency” by FinanceAsia for four consecutive years, “Best Chinese Rating Agency for Chinese USD Bonds” by Wall Street Trader APP/SereS for four consecutive years, and “Rating Agency of the Year – Global” by the Asset etc.

International Expertise, Local Knowledge

We have developed a systematic and well-defined rating system, business management system, and business process to avoid conflict of interest and ensure quality service. Lianhe Global is a homegrown international rating agency with unique insight into the Chinese government structure and the business environment in which Chinese issuers operate.

Backed by China Lianhe, China’s Premier Brand & Market Leader

China Lianhe has rated thousands of issuers and trillions yuans of onshore bonds. We enjoy a leading market share position in all segments of the onshore markets, and is a trusted brand name amongst Chinese investors and issuers.

Efficient Turnaround of Ratings Assignments

With a newly set up infrastructure free of legacy issues, Lianhe Global is fully committed to an efficient turnaround of ratings assignments. We are committed to work with issuers and bankers to ensure that ratings and research reports are published in a timely manner in order to meet the tight timeline of new issuance and/or for investor roadshows.

Excellent Analytical Team

China Lianhe boasts a total of over 350 analysts, many of whom are educated overseas with masters or above degrees. At Lianhe Global, our three analytical team heads have a combined experience of 40 years spanning multiple industries and products from the big three international rating agencies.

About Our Parent Company, China Lianhe

China Lianhe Credit Rating Co., Ltd (“China Lianhe”) is 71.8% owned by Lianhe Credit Information Service Co., Ltd. and 24.2% owned by the Government of Singapore Investment Corporation (GIC). China Lianhe fully owns Lianhe Global and is one of the most professional and largest credit rating agencies in China. Since its establishment in 2000, China Lianhe has obtained many different licenses, qualifications, and market recognitions to engage in the China onshore credit rating services in the interbank and exchange markets.

Its business scope includes credit rating and assessment, credit data collection, credit assessment and consultation, information consultation and personnel training on the above services. Its primary focus is on the issuer ratings of various institutions such as multilateral institutions, sovereigns, local governments, financial institutions and corporates, and the issuance ratings of the fixed income securities, structured finance products and asset-backed securities issued by the aforementioned issuers. In 2022, China Lianhe had approximately 350 analysts covering a portfolio of more than 3,000 issuers with over 30% market share.

China Lianhe’s Corporate Clients

China Lianhe’s Financial Institution Clients

China Lianhe’s Structured Finance Clients