Fitch Ratings: Confirms Changde City Development Group's "BBB-" long-term foreign and local currency issuer ratings outlook as "Stable"

On July 15th, Fitch confirmed Changde Urban Development Group Co. Ltd. (referred to as "Changde Urbana Development Group") long-term foreign currency and local currency issuer default ratings (IDRs) as "BBB-" with a stable outlook.