China Huanong on rating watch over rapid growth in risky assets: Fitch

November 23 2022 by

China Huanong Property & Casualty Insurance's (CHIC) risky-assets ratio increased to 49% by the end of Q3 from 25% at the end of 2021. It has led to a 'BBB' rating on Rating Watch Evolving (RWE) i...

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