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Fitch Ratings: Shaoxing Shangyu State-owned Assets to Issue Unsecured US Dollar Denominated Senior Notes with a "BBB-" Rating.

02/03/2026

On March 2, Fitch Ratings awarded Shaoxing Shangyu State-Owned Capital Investment and Operation Co., Ltd. ("Shaoxing Shangyu State-Owned Capital") a BBB- stable rating on its proposed issuance of US dollar senior unsecured notes.

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