|Bid||4.680 x 0|
|Ask||4.690 x 0|
|Day's Range||4.660 - 4.710|
|52 Week Range||4.320 - 6.770|
|Beta (5Y Monthly)||0.87|
|PE Ratio (TTM)||3.62|
|Forward Dividend & Yield||0.25 (5.51%)|
|Ex-Dividend Date||Jun 19, 2020|
|1y Target Est||9.87|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of China Communications Construction Co., Ltd. Hong Kong, July 29, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of China Communications Construction Co., Ltd. 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.
Greentown will use the proceeds to refinance existing indebtedness. "The proposed note issuance will not have a material impact on Greentown's credit metrics, because the proceeds will mainly be used to refinance existing debt," says Celine Yang, a Moody's Assistance Vice President and Analyst. Greentown's Ba3 corporate family rating (CFR) incorporates its standalone credit strength and a two-notch rating uplift based on Moody's expectation that the company will receive extraordinary financial support from its largest shareholder China Communications Construction Group (Limited) (CCCG), in times of financial distress.
Let's talk about the popular China Communications Construction Company Limited (HKG:1800). The company's shares...