09.09.2016 10:19:00
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AVIC International Holding Corporation -- Moody's: AVIC and Poly's proposed cooperation is credit positive for AVIC International
Hong Kong, September 09, 2016 -- Moody's Investors Service says that the proposed cooperation between Aviation Industrial Corporation of China (AVIC, unrated) and China Poly Group Corporation (Poly, unrated) in their real estate related business is credit positive for AVIC International Holding Corporation (AVIC International, Ba1 negative), because it would help reduce its leverage.