Announcements

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      Instrument data
      Senority
      Unsecured
      Currency
      CNY
      ISIN
      HK0000274081
      Coupon percent
      3.31%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      1,000,000,000
      Maturity date
      30/11/2025
      -
      A Outlook: Stable
      A Outlook: Stable
      Latest change
      Affirmed
      26/07/2024
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Dennis Shen Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms the People’s Republic of China’s A credit ratings, maintains Stable Outlook

      26/7/2024 Rating announcement EN

      Scope affirms the People’s Republic of China’s A credit ratings, maintains Stable Outlook

      A large and well-diversified economy, strong trend growth, a resilient external sector, and unique capacity for reform anchor the rating. Rising public-sector debt, financial-system imbalances and weakening demographics are credit challenges.

      Scope downgrades the People's Republic of China's credit ratings to A; Outlook revised to Stable

      12/5/2023 Rating announcement EN

      Scope downgrades the People's Republic of China's credit ratings to A; Outlook revised to Stable

      High and rising public debt and large financial imbalances in the context of slowing economic growth, drive the downgrade. A large and diversified economy, high external resilience and effective government control are key credit strengths.

      Scope affirms the People's Republic of China's A+ ratings; Outlook revised to Negative

      3/6/2022 Rating announcement EN

      Scope affirms the People's Republic of China's A+ ratings; Outlook revised to Negative

      High and rising public debt and large financial imbalances in the context of dampening economic growth, drive the outlook revision. A large and diversified economy, high external resilience and effective government control are credit strengths.

      Scope revises China's Outlook to Stable from Negative, affirms ratings at A+

      9/7/2021 Rating announcement EN

      Scope revises China's Outlook to Stable from Negative, affirms ratings at A+

      Improvements in financial stability, transitions from high growth targets, resilience amid Covid-19 crisis and internalisation of the renminbi support revision of the rating Outlook. Rising public and non-financial sector debt remain ratings challenges.

      Scope affirms China’s sovereign rating at A+ and maintains the Outlook at Negative

      28/2/2020 Rating announcement EN

      Scope affirms China’s sovereign rating at A+ and maintains the Outlook at Negative

      A large and diversified economy, strong external sector, and capacity to reform support the rating. Rising public and non-financial sector debt and significant policy easing exacerbating long-term imbalances underscore the Negative Outlook.

      Scope affirms China’s credit rating at A+ and revises the Outlook to Negative

      21/9/2018 Rating announcement EN

      Scope affirms China’s credit rating at A+ and revises the Outlook to Negative

      A large and diversified economy, external strengths, and capacity to reform support the rating. Rising public-sector debt and high non-financial sector debt drive the Negative Outlook.

      Scope downgrades China’s newly published credit rating to A+ from AA- and changes Outlook to Stable

      29/9/2017 Rating announcement EN

      Scope downgrades China’s newly published credit rating to A+ from AA- and changes Outlook to Stable

      A large and diversified economy, high external resilience, and scope for reform support the rating. Significant continued increases in non-financial sector debt and rising public sector debt underscore the rating downgrade.

      Date Title