|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||0.0000 - 0.0000|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||N/A|
|Expense Ratio (net)||N/A|
Moody's Investors Service has assigned a Ba2 long-term issuer rating and corporate family rating (CFR) to Tibet Financial Leasing Co., Ltd. This is the first time that Moody's has assigned ratings to Tibet Financial Leasing.
Moody's Investors Service has assigned a Baa3 long-term issuer rating and a Prime-3 short-term issuer rating to Minsheng Financial Leasing Co., Ltd. Minsheng Financial Leasing's Baa3 long-term issuer rating incorporates the company's standalone credit profile of b1 and a four-notch uplift based on affiliate-backed support from Minsheng Bank. At end-2017, Minsheng Financial Leasing ranked the third largest by total assets among the financial institution affiliated leasing companies regulated by the China Banking and Insurance Regulatory Commission (CBIRC).
Moody's Investors Service says that China (A1 stable) continued to make progress on limiting risk in the financial sector with coordinated measures in the first quarter 2018, according to banking system statistics released by the People's Bank of China and the China Banking and Insurance Regulatory Commission. "In particular, we are noticing slowing asset growth and stabilizing asset quality, as well as accelerating loan growth as banks are returning to conventional lending and away from shadow banking activities," says Nicholas Zhu, a Moody's Vice President and Senior Analyst. Moody's conclusions are contained in its just-released report "Banks -- China: Quarterly snapshot of credit profiles ".
Moody's Investors Service says that the new supervisory structure implemented to strengthen the regulation of all leasing companies in China reduces risks for asset-backed securities (ABS) supported by leasing receivables, a credit positive. Until, 20 April, supervision of the sector had been split between the China Banking and Insurance Regulatory Commission (CBIRC) and the Ministry of Commerce (MOFCOM).