S&P affirms Huatai Securities

S&P said it affirmed its BBB long-term and A-2 short-term issuer credit ratings on Huatai Securities Co. Ltd.

The outlook on the long-term rating is stable.

“We affirmed the ratings because we expect Huatai Securities to maintain its strong market position and capitalization over the next 24 months. We assess the company's stand-alone credit profile as bbb-,” S&P said in a news release.

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