|Bid||12.300 x 0|
|Ask||12.320 x 0|
|Day's Range||12.300 - 12.440|
|52 Week Range||10.133 - 13.048|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||31.40|
|Earnings Date||Aug 16, 2021 - Aug 20, 2021|
|Forward Dividend & Yield||0.35 (2.78%)|
|Ex-Dividend Date||Jun 04, 2021|
|1y Target Est||13.92|
Moody's Investors Service has affirmed the A2 issuer rating of IFC Development Limited (IFC). "The rating affirmation reflects our expectation that, despite a weakening in IFC's office, retail and hotel rental income in the next 12-18 months due to coronavirus-led disruptions and weaker economic conditions in Hong Kong (Aa3 stable), the negative impact can be absorbed by the company's ample financial buffer," says Stephanie Lau, a Moody's Vice President and Senior Analyst.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of The Hong Kong and China Gas Company Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service has affirmed Towngas China Company Limited's (TCCL) Baa1 issuer rating. TCCL's Baa1 issuer rating reflects its standalone credit strength and a two-notch rating uplift based on Moody's expectation of a high likelihood of extraordinary support from its parent, The Hong Kong and China Gas Company Limited (HKCG, A1 stable), in times of need. "TCCL's standalone credit strength reflects its strong market position in the gas distribution sector with a geographically diversified portfolio of city gas projects secured under long-term franchised operating rights, and favorable industry trends with strong growth potential," says Boris Kan, a Moody's Vice President and Senior Credit Officer.