Moody’s Withdraws Ratings of China’s Evergrande and Kaisa
(Reuters) – Moody’s on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information.
Moody’s said it also withdrew its ratings on Evergrande’s units – Hengda Real Estate Group Company Limited, Tianji Holding Limited and Scenery Journey Limited.
(Reporting by Jose Joseph in Bengaluru; Editing by Dhanya Ann Thoppil)
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