Aug 10 (Reuters) - Ratings agency Moody's on Thursday downgraded Chinese developer Country Garden's (
2007.HK) corporate family rating (CFR) to Caa1 from B1, citing heightened liquidity and refinancing risk after the company missed bond payments.
Caa1 rating is a level that signals a very high credit risk, according to the ratings agency's website.
Country Garden expects to record a half-year loss owing to higher impairment provisions on projects, it said on Thursday.
PS:早上看到有个玩玄学的贴子,感叹不已啊,我想下个十年或许更加艰难。