Fitch Rating Upgrades Hong Yang Group and Redsun to B+ with stable outlook

Written by ACN Newswire - Press Releases

HONG KONG, Oct 16, 2019 - (ACN Newswire) - Fitch Rating has upgraded the Long-Term Foreign-Currency Issuer Default Ratings (IDR) of Hong Yang Group Company Limited and subsidiary Redsun Properties Group Limited, a leading integrated property developer in China, ("Redsun Properties" or "Group"; stock code: 1996) to "B+" from "B" with stable

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