Rating Moody's China
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2023-12-05 | A1 (Negative) | ||||||
| 2022-08-29 | A1 (Stable) | ||||||
| 2020-09-14 | A1 (Stable) | ||||||
| 2019-07-04 | A1 (Stable) | ||||||
| 2017-05-24 | A1 (Stable) | ||||||
| 2016-03-02 | Aa3 (Negative) | ||||||
| 2013-04-16 | Aa3 (Stable) | ||||||
| 2010-11-11 | Aa3 (Positive) | 2023-12-05 | A1 | ||||
| 2010-10-08 | (Under Review) | 2022-08-29 | A1 | ||||
| 2009-11-08 | (Positive) | 2020-09-14 | A1 | ||||
| 2007-07-26 | A1 (Stable) | 2019-07-04 | A1 | ||||
| 2007-05-30 | (Under Review) | 2017-05-24 | A1 | ||||
| 2006-07-07 | (Positive) | 2016-03-02 | Aa3 | ||||
| 2003-11-15 | (Stable) | 2013-04-16 | Aa3 | ||||
| 2003-10-15 | A2 | 2011-05-11 | Aa3 | ||||
| 1993-09-10 | A3 | 2010-11-11 | Aa3 | ||||
| 1989-11-08 | Baa1 | 2010-10-18 | A1 | ||||
| 1988-05-18 | A3 | 2007-09-22 | A1 | ||||
Moody's: Long term Rating
Rating S&P China
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2017-09-21 | A+ (Stable) | ||||||
| 2016-03-31 | (Negative) | 2017-09-21 | A+ | 2017-09-21 | A-1 | 2017-09-21 | A-1 |
| 2010-12-16 | AA- (Stable) | 2010-12-16 | AA- | 2008-07-31 | A-1+ | 2008-07-31 | A-1+ |
S&P: Long term Rating
Rating Fitch China
| Long term Rating | Short term Rating | ||||||
|---|---|---|---|---|---|---|---|
| Foreign currency | Local currency | Foreign currency | Local currency | ||||
| Date | Rating(Outlook) | Date | Rating | Date | Rating | Date | Rating |
| 2019-11-19 | A+ | ||||||
| 2018-12-04 | A+ | 2019-11-19 | F1+ | ||||
| 2018-03-20 | A+ (Stable) | 2018-12-04 | F1+ | ||||
| 2017-07-13 | A+ (Stable) | 2019-11-19 | A+ | 2018-03-20 | F1+ | ||
| 2016-11-21 | A+ (Stable) | 2018-12-04 | A+ | 2017-07-13 | F1+ | ||
| 2016-07-22 | A+ (Stable) | 2018-03-20 | A+ | 2016-11-21 | F1+ | ||
| 2015-11-26 | A+ (Stable) | 2017-07-13 | A+ | 2016-07-22 | F1+ | ||
| 2015-03-31 | A+ | 2016-11-21 | A+ | 2015-11-26 | F1 | ||
| 2014-09-04 | A+ (Stable) | 2016-07-22 | A+ | 2015-03-31 | F1 | ||
| 2014-08-11 | A+ (Stable) | 2015-11-26 | A+ | 2014-09-04 | F1 | ||
| 2014-05-02 | A+ (Stable) | 2015-03-31 | A+ | 2014-08-11 | F1 | ||
| 2014-04-04 | A+ (Stable) | 2014-09-04 | A+ | 2014-05-02 | F1 | ||
| 2014-03-03 | A+ (Stable) | 2014-08-11 | A+ | 2014-04-04 | F1 | ||
| 2014-02-05 | A+ (Stable) | 2014-05-02 | A+ | 2014-03-03 | F1 | ||
| 2014-01-07 | A+ (Stable) | 2014-04-04 | A+ | 2014-02-05 | F1 | ||
| 2014-01-03 | A+ (Stable) | 2014-03-03 | A+ | 2014-01-07 | F1 | ||
| 2013-10-28 | A+ (Stable) | 2014-02-05 | A+ | 2014-01-03 | F1 | ||
| 2013-06-27 | A+ (Stable) | 2014-01-07 | A+ | 2013-10-28 | F1 | ||
| 2013-04-09 | A+ (Stable) | 2014-01-03 | A+ | 2013-06-27 | F1 | ||
| 2012-08-08 | A+ (Stable) | 2013-10-28 | A+ | 2013-04-09 | F1 | ||
| 2012-07-06 | A+ (Stable) | 2013-06-27 | A+ | 2012-08-08 | F1 | ||
| 2012-04-11 | A+ (Stable) | 2013-04-09 | A+ | 2012-07-06 | F1 | ||
| 2011-10-28 | A+ (Stable) | 2012-08-08 | AA- | 2012-04-11 | F1 | ||
| 2011-08-18 | A+ (Stable) | 2012-07-06 | AA- | 2011-10-28 | F1 | ||
| 2011-04-12 | A+ (Stable) | 2012-04-11 | AA- | 2011-08-18 | F1 | ||
| 2007-11-06 | A+ (Stable) | 2011-10-28 | AA- | 2011-04-12 | F1 | ||
| 2006-09-13 | A (Positive) | 2011-08-18 | AA- | 2007-11-06 | F1 | ||
| 2005-10-17 | A (Stable) | 2011-04-12 | AA- | 2006-09-13 | F1 | ||
| 2003-10-13 | A- (Positive) | 2007-11-06 | AA- | 2005-10-17 | F1 | ||
| 2001-12-06 | A- (Stable) | 2006-09-13 | A+ | 2003-10-13 | F1 | ||
| 2000-09-21 | A- (Stable) | 2005-10-17 | A+ | 2001-12-06 | F1 | 2019-11-19 | F1+ |
| 1998-12-22 | A- | 2003-10-13 | A | 2000-09-21 | F1 | 2018-12-04 | F1+ |
| 1997-12-11 | A- | 2001-12-06 | A | 1998-12-22 | F1 | 2018-03-20 | F1+ |
Fitch: Long term Rating
| Grade | Moody's | S&P | Fitch |
|---|---|---|---|
| Prime | Aaa | AAA | AAA |
| High grade | Aa1 | AA+ | AA+ |
| Aa2 | AA | AA | |
| Aa3 | AA- | AA- | |
| Upper medium grade | A1 | A+ | A+ |
| A2 | A | A | |
| A3 | A- | A- | |
| Lower medium grade | Baa1 | BBB+ | BBB+ |
| Baa2 | BBB | BBB | |
| Baa3 | BBB- | BBB- | |
| Non-investment grade speculative | Ba1 | BB+ | BB+ |
| Ba2 | BB | BB | |
| Ba3 | BB- | BB- | |
| Highly speculative | B1 | B+ | B+ |
| B2 | B | B | |
| B3 | B- | B- | |
| Substantial risks | Caa1 | CCC+ | CCC+ |
| Caa2 | CCC | CCC | |
| Caa3 | CCC- | CCC- | |
| Extremely speculative | Ca | CC | CC |
| C | |||
| In default with little prospect for recovery | SD | RD | |
| In default | C | D | D |
| DD | |||
| DDD | |||
| Not rated | WR | NR |
| Grade | Moodys | S&P | Fitch |
|---|---|---|---|
| High grade | P-1 | A-1+ | F1+ |
| Upper medium grade | P-1 | A-1 | F1 |
| Lower medium grade | P-2 | A-2 | F2 |
| Non-investment grade speculative | P-3 | A-3 | F3 |
| Highly speculative | B | B | |
| Extremely speculative | NP | C | C |