S&P: China Fishery view positive

Standard & Poor's said it revised the outlook on China Fishery Group Ltd. to positive from stable and affirmed its B+ long-term corporate credit rating on the company.

"The outlook revision reflects China Fishery's ongoing and well-executed business expansion, which has seen a very strong level of growth in its fishing and fishmeal processing operations and some streamlining of its group ownership structure," S&P credit analyst Lawrence Lu said in a written statement.

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