Lianhe Global has affirmed ‘BB’ global scale Long-term Issuer and Issuance Credit Rating to China Hongqiao Group Limited; Issuer Rating Outlook Revised to Stable

HONG KONG, 09 July 2019 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has affirmed ‘BB’ global scale Long-term Issuer Credit Rating to China Hongqiao Group Limited (“China Hongqiao” or “the company”). The Outlook is revised to Stable from Positive.