<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Yunnan finance vehicles on credit watch

          Updated: 2011-07-29 10:57

          By Jason Subler (China Daily)

            Comments() Print Mail Large Medium  Small 分享按鈕 0

          SHANGHAI - A top Chinese credit ratings agency has put two local government financing vehicles in the southwestern province of Yunnan on credit watch, the first such move since concerns mounted over potential defaults on local government debt.

          China Chengxin International, which is 49 percent owned by Moody's, said it was taking the step because certain assets of the related entities - Yunnan Investment Holdings Group (YIHG) and Yunnan Electric Power Investment (YEPI) - were expected to be transferred or restructured.

          Putting companies' ratings on watch is very rare in China's fledgling bond market. The step by Chengxin, one of the country's four main ratings agencies, could be the first of many and raises concerns over whether the bond market, as well as banks, will see a wave of defaults by the entities local governments have set up to raise cash to fund infrastructure projects.

          Bonds issued by such local government financing vehicles have already fallen in recent weeks over concerns about their ability to repay their debt.

          "The move is not surprising as risks in such debt have already been anticipated by the market and fully priced in," said Wu Zezhi, a trader at Orient Securities Co.

          "It's possible that more such debt will be put on credit watch, and if you look at the market, many have already slumped as there are no investors buying."

          Chengxin did not give details on the expected asset transfers, but IFR, a Thomson Reuters publication, reported earlier this month that YIHG, the biggest fundraising platform for the Yunnan government, was being asked to transfer its core assets to a separate government-linked entity.

          The core assets of that company include a stake of more than 54 percent in YEPI as well as other electric power-related assets, IFR reported, adding that they would be transferred to Yunnan Energy Investment Group, a new government-linked entity.

          "We will continuously watch the asset transfers related to Yunnan Investment Holdings, the plan and progress of restructuring of Yunnan's provincial electricity assets, as well as measures to guarantee creditors' interests," Chengxin said in its statement.

          As a result of putting YIHG on credit watch, Chengxin also put two specific bonds on watch - one issued by YIHG itself and another issued by Yunnan Railway Investment Company. Those bonds currently have AA+ ratings, Chengxin's second-highest investment-grade rating.

          Reuters

          主站蜘蛛池模板: 视频一区二区三区在线视频| 丰满少妇被猛烈进出69影院| 少妇真人直播免费视频| 在线日韩日本国产亚洲| 国产精品视频久久| 人妻夜夜爽天天爽三区麻豆av| 蜜臀av午夜精品福利| 国产二区三区不卡免费| 国内精品久久黄色三级乱| 麻豆最新国产AV原创精品| 亚洲国产精品一区第二页| 少妇伦子伦情品无吗| 久久96热在精品国产高清| 欧美日韩人成综合在线播放| 国产欧美亚洲精品第一页在线| 国产成人免费| 国产亚洲精品久久av| 国产av成人精品播放| 男人的天堂av一二三区| 草草浮力影院| 四虎国产精品永久在线| 国语精品自产拍在线观看网站| 国产男生午夜福利免费网站| 亚洲精品久久久久久无码色欲四季| 一本大道无码av天堂| 日韩欧美国产v一区二区三区 | 精品中文人妻中文字幕| 在线精品免费视频无码的| 青青草国产精品日韩欧美| 久久天天躁狠狠躁夜夜2020老熟妇| 欧美最猛黑人xxxx| 狠狠综合久久综合88亚洲| 国产精品XXXX国产喷水| 亚洲一区sm无码| 天堂中文8资源在线8| 亚洲中文字幕在线一区播放| 高清在线一区二区三区视频| 国产精品天干天干综合网| 久久亚洲国产成人亚| 色噜噜亚洲男人的天堂| 亚洲精品国产综合久久一线|