GIC Buys Stake in China Lianhe Credit Rating from Fitch Ratings
Posted on 01/29/2018
Singapore’s GIC Private Limited, through a sovereign wealth enterprise (SWE), invested in China Lianhe Credit Rating Company, Limited (Lianhe Ratings). GIC acquired a 49% stake in Lianhe Ratings from Fitch Ratings. “Lianhe Ratings is confident of the rating industry’s long-term potential as China’s economy and bond market, as well as its share of the global […]
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- Fitch Ratings
- Government of Singapore Investment Corporation