Announcements

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      Instrument data
      Senority
      Unsecured
      Currency
      CNY
      ISIN
      HK0000224441
      Coupon percent
      3.38%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      2,000,000,000
      Maturity date
      21/11/2024
      -
      A Outlook: Stable
      A Outlook: Stable
      Latest change
      Downgrade
      12/05/2023
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Eiko Sievert Lead analyst
      Dr. Giacomo Barisone Committee chair
      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