穆迪降華融(02799.HK)信貸評級至「Baa3」非投資級別 展望負面
評級機構穆迪發表報告,將中國華融(02799.HK)本幣及外幣長期發行人評級由「Baa3」(投資級別中最低一級)降至「Ba1」(非投資級別中最高級),其本幣及外幣短期發行人評級由「P-3」降至「NP」。此外,該行予公司企業家族評級「Ba1」。
該行對華融及其離岸融資工具法人等級展望負面。此前,評級正處於負面觀察。
報告稱,降級反映該行估計內地政府對華融的支持力度減少,因報告認爲相比有較大商業業務敞口的公司,政府正將資源優先調撥予具公共政策責任的國企。此外,政府對一些不良資產公司的支持錄得重大虧損,而資本蠶食缺乏透明度及連貫性。
負面展望則反映中國房地產市場持續受壓,及經濟增長放緩,壓抑華融盈利能力、資產質素及資本狀況。
該行假設如果沒有資本注入,未來12至18個月,華融普通股權一級資本比率(CET1)將續受壓。而減值虧損增加在未來12至18個月將持續損害華融盈利能力。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.