ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Nikkei Markets

Fitch Ratings Sells 49% Stake In China Lianhe Credit Rating To GIC

By Amy Lam
Nikkei Markets
HONG KONG (Jan 29) -- Fitch Ratings said it has sold its entire 49% equity interest in China Lianhe Credit Rating to Singapore's sovereign wealth fund GIC.

Beijing-headquartered credit rating agency China Lianhe Credit Rating was established in 2000, and Fitch has held a 49% equity stake in the venture since 2007, the international credit rating agency said. United Credit Ratings holds a 51% interest in China Lianhe, according to the agency's website. Terms of the deal were not disclosed.

Fitch said it will continue to operate its international credit rating business in the region, including through its offices in Beijing and Shanghai.
- By Amy Lam; amy.lam@nikkeinewsrise.com; +852 39605150
- Edited by Suzannah Benjamin
- Send Feedback to feedback@NikkeiNewsRise.com
- Copyright (c) 2018 Nikkei NewsRise Asia Pte Ltd.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends April 19th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media