BRIEF-Fitch Upgrades China Vanke To 'CC' From 'RD'Feb 9 (Reuters) - Fitch:
FITCH UPGRADES CHINA VANKE TO 'CC'; AFFIRMS VANKE HK AT 'CC'
UPGRADED CHINA VANKE'S LONG-TERM FOREIGN- AND LOCAL-CURRENCY IDR TO 'CC' FROM 'RD'
EXPECT CHINA VANKE'S FCF, INCLUDING POTENTIAL ASSET DISPOSAL PROCEEDS, TO REMAIN NEGATIVE IN 2025 AND 2026
Source text: ID:nFIT7T6kzz
Further company coverage: 000002.SZ
((Reuters.Briefs@thomsonreuters.com;))
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