Fitch: Assigns Zhejiang Xinghai Holding Group First-Time 'BBB-' Long-Term Foreign- and Local-Currency Issuer Ratings; Outlook Stable

On November 4, Fitch assigned Zhejiang Xinghai Holdings Group Co., Ltd. ("Zhejiang Xinghai Holdings Group") a Long-Term Foreign-Currency and Local-Currency Issuer Default Rating of "BBB-" with a Stable Outlook.