05.05.2016 09:56:00

Renhe Commercial Holdings Company Limited -- Moody's: Renhe Commercial's proposed asset disposal is credit positive

Hong Kong, May 05, 2016 -- Moody's Investors Service says that Renhe Commercial Holdings Company Limited's (Caa1 negative) announcement that it will dispose of its underground shopping malls in China is credit positive, because the sale will boost significantly the company's weak liquidity position and improve its financial metrics.

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