Fitch Affirms China State Construction International at 'BBB+', Outlook Stable

MT Newswires Live

09/11

Fitch Ratings affirmed China State Construction International (HKG:3311) long-term issuer default and senior unsecured ratings at 'BBB+' with a stable outlook, according to a Thursday ratings commentary.

The ratings reflect CSCI's strong ties with its parent, China Overseas Holdings, and ultimate parent China State Construction Engineering (SHA:601668).

Fitch expects CSCI's revenue and EBITDA to decline in 2026 following a 23% year-over-year drop in the first half, although margins are expected to improve.

The ratings agency expects cash flow from operations to improve over the next few years, supported by stronger collections and a greater focus on projects in economically stronger regions.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/hant/news/2666754325"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2666754325\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2666754325?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-11 12:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2666754325","market":"us","top_or_hot":-1,"title":"Fitch Affirms China State Construction International at 'BBB+', Outlook Stable","media":"MT Newswires Live","content":"<html><body><p> Fitch Ratings affirmed <a href=\"https://laohu8.com/S/CCOHF\">China State Construction</a> International (HKG:3311) long-term issuer default and senior unsecured ratings at 'BBB+' with a stable outlook, according to a Thursday ratings commentary.</p><p>The ratings reflect CSCI's strong ties with its parent, <a href=\"https://laohu8.com/S/00688\">China Overseas</a> Holdings, and ultimate parent <a href=\"https://laohu8.com/S/601668\">China State Construction Engineering</a> (SHA:601668).</p><p>Fitch expects CSCI's revenue and EBITDA to decline in 2026 following a 23% year-over-year drop in the first half, although margins are expected to improve.</p><p>The ratings agency expects cash flow from operations to improve over the next few years, supported by stronger collections and a greater focus on projects in economically stronger regions.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fitch Affirms China State Construction International at 'BBB+', Outlook Stable</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFitch Affirms China State Construction International at 'BBB+', Outlook Stable\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time smaller\">2026-09-11 12:56</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html><body><p> Fitch Ratings affirmed <a href=\"https://laohu8.com/S/CCOHF\">China State Construction</a> International (HKG:3311) long-term issuer default and senior unsecured ratings at 'BBB+' with a stable outlook, according to a Thursday ratings commentary.</p><p>The ratings reflect CSCI's strong ties with its parent, <a href=\"https://laohu8.com/S/00688\">China Overseas</a> Holdings, and ultimate parent <a href=\"https://laohu8.com/S/601668\">China State Construction Engineering</a> (SHA:601668).</p><p>Fitch expects CSCI's revenue and EBITDA to decline in 2026 following a 23% year-over-year drop in the first half, although margins are expected to improve.</p><p>The ratings agency expects cash flow from operations to improve over the next few years, supported by stronger collections and a greater focus on projects in economically stronger regions.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0061475181.USD","symbol_name":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2666754325","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2666754325","pubTimestamp":1789102609,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Fitch Ratings affirmed China State Construction International  long-term issuer default and senior unsecured ratings at 'BBB+' with a stable outlook, according to a Thursday ratings commentary.The ratings reflect CSCI's strong ties with its parent, China Overseas Holdings, and ultimate parent China State Construction Engineering .Fitch expects CSCI's revenue and EBITDA to decline in 2026 following a 23% year-over-year drop in the first half, although margins are expected to improve.The ratings agency expects cash flow from operations to improve over the next few years, supported by stronger collections and a greater focus on projects in economically stronger regions.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601668":"中国建筑","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","HK0000288743.USD":"VALUE PARTNERS HIGH-DIVIDEND STOCKS \"A2\" (USDHDG) INC","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","LU1883839398.USD":"AMUNDI FUNDS INCOME OPPORTUNITIES \"A2\" (USD) ACC","HK0000288784.HKD":"VALUE PARTNERS HIGH-DIVIDEND STOCKS \"A2\" (HKDHDG) INC","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","BK1148":"建筑与工程","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","BK4585":"ETF&股票定投概念","BK0180":"装配式建筑","BK0196":"行业龙头","BK0000":"一带一路","BK0010":"央企","03311":"中国建筑国际","BK0086":"举牌","BK1507":"粤港澳大湾区","STT":"道富银行","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","BK1505":"一带一路","BK0006":"大央企重组","BK0277":"土木工程","BK4135":"资产管理与托管银行","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","BK0183":"MSCI概念","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD","BK4588":"碎股","BK0188":"融资融券","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","BK0015":"沪股通50","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK0187":"一线龙头","BK0028":"国家队"},"translate_title":"惠誉确认中国建筑国际为“BBB+”，前景稳定","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601668":0.9,"03311":1,"STT":1.5},"content_text":"Fitch Ratings affirmed China State Construction International (HKG:3311) long-term issuer default and senior unsecured ratings at 'BBB+' with a stable outlook, according to a Thursday ratings commentary.The ratings reflect CSCI's strong ties with its parent, China Overseas Holdings, and ultimate parent China State Construction Engineering (SHA:601668).Fitch expects CSCI's revenue and EBITDA to decline in 2026 following a 23% year-over-year drop in the first half, although margins are expected to improve.The ratings agency expects cash flow from operations to improve over the next few years, supported by stronger collections and a greater focus on projects in economically stronger regions.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}