Standard & Poor's: Downgrades China National Chemical (00881.HK) Long-term Issuer Credit Rating to "BBB-" with a "Stable" outlook.

On March 27th, S&P downgraded the long-term issuer credit rating and issue rating of Zhongsheng Group Holdings Ltd. (referred to as "Zhongsheng Group" 00881.HK) from "BBB" to "BBB-".