March 11, 2020 / 7:33 AM / 20 days ago

BRIEF-Moody's Says Chinese Auto ABS Delinquency Rate To Rise Further After Spiking On Coronavirus Outbreak

March 11 (Reuters) - Moody’s:

* MOODY’S SAYS CHINESE AUTO ABS DELINQUENCY RATE TO RISE FURTHER AFTER SPIKING ON CORONAVIRUS OUTBREAK

* MOODY’S ON CHINESE AUTO ABS DELINQUENCY RATE SAYS HAVE REVISED 2020 GROWTH FORECAST FOR CHINA TO 4.8% FROM PREVIOUS ESTIMATE OF 5.2%

* MOODY'S SAYS CHINESE AUTO ABS DELINQUENCY RATE WILL CONTINUE TO RISE FOR AT LEAST THE FIRST HALF OF 2020 OR EVEN LONGER Source text for Eikon: [bit.ly/38HXJRw]

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