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 […]