PRE-MARKET CHINESE STOCK NEWS: Fitch raised Country Garden Holdings (2007 HK) credit rating to investment grade

AVIC International (161 HK)
- AVIC unit is seeking to sell property investment Co. for CNY 12.7bln. (Newswires)

Chaoda Modern Agriculture Holdings (682 HK)
- Co. FY17 net loss CNY 3.25bln vs. Prev. loss CNY 4.25bln Y/Y. (Newswires)

Country Garden Holdings (2007 HK)
- Fitch raised Co. credit rating to BBB- from BB+; outlook stable which puts Co. rating at lowest level of investment grade. (Newswires)

HangZhou Hikvision Digital (002415 CH)
- Co. is to conduct a total investment of CNY 10.4bln in 6 technology industrial park projects. (Newswires)

Leshi Internet (300104 CH)
- Co. is to buy investment and financial services assets from affiliate for CNY 3bln. (Newswires)

Shandong Weigao Group (1066 HK)
- Co. is to acquire Argon Medical Devices for USD 850mln. (NewswIres)

Property
- China’s Guiyang bans home-owners reselling new properties within 3 years of purchase and has also increased downpayment requirements, which was part of 8 tier 2 cities which conducted property tightening measures since Friday.  (Newswires/CEN)

Other News
- HKMA is said to mull investment in 3-5 Belt and Road projects. (Newswires)

25 Sep 2017 - 01:55- Research Sheet- Source: Newswires

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