Moody's Follows Fitch in Cutting China Huarong Rating

The transcript discusses Moody's delayed rating cut for Huarong, highlighting concerns about market volatility and funding ability. It questions the timing of the rating cut and notes the impact on Huarong's perpetual bonds. The transcript also covers Huarong's financial challenges, including missed earnings reports, and the company's significant offshore debt. Regulatory responses and the lack of communication from major stakeholders, such as the Finance Ministry, are also discussed, leaving investors and ratings agencies seeking more clarity.

What has been the response of regulators regarding Huarong's liquidity?

What are investors and ratings agencies looking for in relation to Huarong?