S&P revises Orient Securities view to negative

S&P said it changed the outlook to negative from stable and affirmed Orient Securities Co. Ltd.’s BBB- long-term

“The revised outlook reflects our view that Orient will face heightened risks in the next 12-24 months, predominately driven by the company's higher equity exposure in its investment portfolio. Consequently, we expect Orient's RAC ratio to remain under pressure during the period,” S&P said in a press release.

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