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| Prospect News home > News index > List of issuers D > Headlines for Dongxing Securities Co. Ltd. > News item |
Fitch rates Dongxing Securities BBB+
Fitch Ratings said it assigned Dongxing Securities Co., Ltd. a long-term issuer default rating of BBB+.
The outlook is stable.
Dongxing Securities is an important subsidiary of China Orient Asset Management Co., Ltd. (A/stable) that provides capital market services to the parent and the parent's corporate customers over the course of distressed asset resolution.
The company has been a subsidiary of China Orient since 2008 and is currently 52.74% owned by the group.
Dongxing Securities's issuer default rating is linked to and notched down from the rating on China Orient, Fitch said.
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