China’s beleaguered credit ratings companies are beginning to respond to an overhaul of the sector promised by regulators after a string of bond defaults by top-rated companies shook market confidence and exposed deep-rooted problems in the industry.
Top Chinese Ratings Firm Says It’s Changing as Scandal-Hit Industry Starts Overhaul
2021年05月14日 20:28
来源于
财新网
China Chengxin is updating its methodologies in response to criticisms over inflated ratings
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- China Chengxin is the biggest ratings agency in the country –– of the 14,119 bonds given a rating in 2020, more than 30% were awarded by China Chengxin. Photo: VCG
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