Greenland Holdings: The rating agency downgraded Greenland s corporate family rating (CFR) to Ca - a level that signals imminent default - and cut Sino-Ocean s CFR to an almost as risky Caa2 from Caa1. It also kept negative outlooks on both companies.
Dalian Wanda Group: Moody s slashed Dalian Wanda Commercial Management and Wanda HK s ratings by six full notches, saying it was now "highly uncertain" whether DWCM would be able to make a $400 million debt payment that is due in just three days time.
/PRNewswire/ During the 5th China International Import Expo (CIIE), Greenland Holding Group, a Shanghai-headquartered large global enterprise group, is.