GF Holdings (Hong Kong) Receives First-ever Investment Grade Rating from S&P, Outlook Stable
2023-12-18 09:46 GF Holdings (Hong Kong)
GF Holdings (Hong Kong) Corporation Limited (GF Holdings (Hong Kong), the Company) announced that it has received BBB long-term and A-2 short-term issuer credit ratings with a stable outlook recently from S&P Global Ratings (S&P).
S&P considered GF Holdings (Hong Kong) as a core entity of the parent GF Securities (GFS) and brought its ratings as well as outlook into line with those on GFS. According to the report, as the group's the primary offshore platform, GF Holdings (Hong Kong) has played a crucial role in implementing the group's globalization strategy.
The rating result reflects international rating agency’s sufficient recognition of GF Holdings (Hong Kong), which will lay down a solid foundation for the Company’s international expansion. Looking forward, subsidiaries of GF Holdings (Hong Kong) will continue to provide all-round professional and efficient capital market services for clients both at home and abroad to create value sustainably.