03.03.2016 02:30:00
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CRCC Yupeng Limited -- Moody's changes outlook of 38 Chinese SOEs and rated subsidiaries to negative following sovereign action
Hong Kong, March 03, 2016 -- Moody's Investors Service has today changed to negative the rating outlooks on 38 of China's state-owned enterprises (SOEs) and rated subsidiaries, following Moody's decision to change to negative from stable the outlook on the Aa3 rating of China, as announced on March 2, 2016.