On July 29, the Shanghai Fosun Hi-Tech Co., Ltd. rating report showed that China Chengxin International maintained the main credit rating of Shanghai Fosun Hi-Tech Co., Ltd. as AAA; maintained the credit ratings of “25 Fosun 01,” “25 Fosun 02,” and “25 Fosun 03,” and added the credit ratings of these entities and debts to the credit rating watch list. China Chengxin International believes that due to the fact that the real estate industry is still in a period of deep adjustment and depreciation of non-core assets, the company will incur large losses in 2025. Future real estate project elimination, performance improvements, and overall asset disposal progress need to be paid attention. The direction in which Shanghai Fosun Hi-Tech Co., Ltd.'s credit rating will be adjusted within the next 3-6 months is unclear.
Zhitongcaijing · 3d ago
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On July 29, the Shanghai Fosun Hi-Tech Co., Ltd. rating report showed that China Chengxin International maintained the main credit rating of Shanghai Fosun Hi-Tech Co., Ltd. as AAA; maintained the credit ratings of “25 Fosun 01,” “25 Fosun 02,” and “25 Fosun 03,” and added the credit ratings of these entities and debts to the credit rating watch list. China Chengxin International believes that due to the fact that the real estate industry is still in a period of deep adjustment and depreciation of non-core assets, the company will incur large losses in 2025. Future real estate project elimination, performance improvements, and overall asset disposal progress need to be paid attention. The direction in which Shanghai Fosun Hi-Tech Co., Ltd.'s credit rating will be adjusted within the next 3-6 months is unclear.
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