Sun Hung Kai Properties Ltd (0016.HK)
17 Feb 2017
Fri, Oct 28 2016
(The following statement was released by the rating agency) HONG KONG, October 28 (Fitch) Fitch Ratings has affirmed Hong Kong-based Sun Hung Kai Properties Limited's (SHKP) Long-Term Issuer Default Rating (IDR) at 'A' and its Short-Term IDR at 'F1'. The Outlook is Stable. Fitch has also affirmed SHKP's senior unsecured rating at 'A' and the senior unsecured notes issued by Sun Hung Kai Properties (Capital Market) Ltd at 'A'. The affirmation reflects the delivery of strong and stable rental
HONG KONG, Sept 8 Hong Kong's largest developer Sun Hung Kai Properties said on Thursday contracted sales hit a record high for the fiscal year ended June, with a top company executive saying the trend is expected to continue in the current fiscal year.