Moody’s withdraws ratings of China’s Evergrande and Kaisa
3:27 am Tuesday, October 11th, 2022
(Reuters) – Moody’s on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information.
Moody’s said it also withdrew its ratings on Evergrande’s units – Hengda Real Estate Group Company Limited, Tianji Holding Limited and Scenery Journey Limited.
(Reporting by Jose Joseph in Bengaluru; Editing by Dhanya Ann Thoppil)
