PRE-MARKET CHINESE STOCK NEWS: S&P cut China to A+ from AA-; Outlook stable

Datang International Power (991 HK)
- Co. receives approval from the securities regulator for H-share placement. (Newswires)

Steel related
- China Aug crude steel production rose 8.7% Y/Y to 74.6mln tonnes, according to World Steel Association. (Newswires)

Other News
- S&P cut China to A+ from AA-; Outlook stable which puts rating inline with Fitch & Moody's. (Newswires)
- China State Council said it is to delay implementation of new laws on cross border e-commerce trade for a year. (Newswires)
- HKEX is reportedly working closely with regulators on further steps to connect mainland and foreign investors with each other. (SCMP)

Data Recap
- Hong Kong CPI (Aug) Y/Y 1.9 % vs. Exp. 1.9% (Prev. 2.00%)
- Hong Kong Current Account 16.4B (Prev. 16.7B)
- Hong Kong Q2 Overall Balance of Payments (BOP) 76.1B (Prev. 45.3B)

22 Sep 2017 - 02:00- EnergyData- Source: Newswires

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