CTRISKS Rating Limited (“CTRISKS”) publishes the corporate credit ratings Q4 2011 for listed companies in Greater China, covering mainland China, Taiwan and Hong Kong. The rating exercise assesses the creditworthiness of 4,687 listed companies.

The continuous volatile market environment in 2011 has been creating huge stress on many corporations. The sectors suffering most from the credit quality deterioration are Clothing & Accessory and Real Estate Holding & Development.

A number of downgrades were recorded in the clothing industry in Hong Kong, and it can be feared that the order volume from the West to the manufacturers would have been severely impacted. However, CTRISKS keeps a positive outlook for those same industries in China on account of a domestic market that is still growing.

There have been further downgrades in the real estate industry in Hong Kong from the previous rating release. In China, it is still too early to determine whether the Chinese government’s policies on the housing market would result in a hard or a soft landing, CTRISKS will continue to apply a cautious monitoring of the credit quality of the housing developers.

The results for all 4,687 rated entities in Q4 2011 are now available to CTRISKS’ subscribers.

Source:  CTRISKS Rating Limited