02.09.2014 10:49:00

Sparkle Assets Limited -- Moody's: Fosun's weak performance and aggressive investments pressure its credit profile

Hong Kong, September 02, 2014 -- Moody's Investors Service says that the weak performance of Fosun's core businesses in 1H 2014 as well as the company's aggressive investments continue to pressure its credit profile, but there is no immediate rating impact on its Ba3 corporate family and B1 bond ratings, as the challenges have been reflected in the negative ratings outlook.

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