HONG KONG, 25 November 2025 – Lianhe Ratings Global Limited (“Lianhe Global”), an international credit rating company, has upgraded the global scale Long-term Issuer Credit Rating of China Hongqiao Group Limited (1378.HK) (“China Hongqiao” or “the company”) to ‘BBB’ from ‘BBB-’. The Issuer Rating Outlook remains Stable.
Lianhe Global has also upgraded the global scale Long-term Issuance Credit Rating of the senior unsecured USD bonds and notes issued by China Hongqiao to ‘BBB’ from ‘BBB-’ at the same time. A full list of issuance rating is included in this press release.