HONG KONG, 20 March 2023 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘B’ global scale Long-term Issuer Credit Rating of LVGEM (China) Real Estate Investment Company Limited (95.HK) (“LVGEM” or “the company”). The Outlook is Negative.
Lianhe Global has also affirmed ‘B’ Issuance Credit Rating of the senior unsecured HKD and USD commercial paper notes issued by LVGEM. A full list of issuance ratings is included in this press release.
Lianhe Global has removed the Rating Watch Negative on the company’s issuer credit rating.