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Published on 11/30/2009 in the Prospect News Emerging Markets Daily.

Fitch affirms Asia Plus Securities

Fitch Ratings said it affirmed Asia Plus Securities plc's national long-term rating at A-(tha) and national short-term rating at F2(tha).

The outlook is stable.

The ratings reflect the company's strong domestic retail brokerage and investment banking franchise, as well as its solid capital and liquidity positions, Fitch said.

Downside risks could stem from its increasing risk profile, the agency said.


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