1. Home
  2. Press release
May 06, 2020 17:15 JST

S&P Global Ratings Affirm HTSC & Huatai International's Positive Outlook

HONG KONG, May 06, 2020 - (ACN Newswire) - S&P Global Ratings today released a report affirming its positive outlook, 'BBB' long-term and 'A-2' short-term issuer credit ratings on HTSC (Stock Code: 6886:HK; "The Company") and its core subsidiary, while also affirming the Company's 'BBB' long-term issuer credit ratings. S&P Global Ratings believes the Company's risk-adjusted capital (RAC) ratio can be sustainably managed above 15% for the next one to two years, and thus reach its threshold for a potential upgrade.

"The positive outlook on HTSC reflects our view of a one-in-three chance that the strengthening capitalization could result in an upgrade over the next two years. Our view also reflects the Company's adequate first-quarter earnings amid the COVID-19 outbreak in China and controlled exposure to directional equity trading, while maintaining a buffer above our threshold for a very strong capital assessment, despite market volatility."

This affirmed rating and denoted upgrade will further cement HTSC's position within the global capital market, further reduce the cost of overseas financing, and create beneficial conditions for cross-border business. HTSC's annual revenue in 2019 was RMB 32.437billion, up 32.36% year-on-year, of which Huatai International accounted for 12.48%.



Sectors: Daily Finance, Daily News

Copyright ©2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Latest Release


ONERHT Foundation Raises Over S$280,000 for Local Charities and Announces New Leadership at 11th Anniversary Charity Golf & Gala Dinner
Jun 05, 2026 11:00 JST

Operations Started for the Nagaoka Methanation Demonstration Utilizing the CO2NNEX(R) Digital Platform for Transfer and Management of e-Methane Clean Gas Certificates

Jun 04, 2026 23:49 JST

Fujitsu and Daiichi Life Group Launch Joint Research to Advance Asset Management with Quantum Technology
Jun 04, 2026 23:17 JST

"Making Children and Adults Smile:" Honda Launches the SMILE RIDER PROJECT
Jun 04, 2026 22:46 JST

GR Premiers GRMN Corolla
Jun 04, 2026 22:05 JST

Island States Ocean Summit Opens in Tokyo
Jun 04, 2026 12:00 JST

Mazda and Nippon Express Launch Demonstration Trial Using Biodiesel Fuel
Jun 04, 2026 00:26 JST

NEC Wins at the Newsweek AI Impact Awards 2026
Jun 04, 2026 00:09 JST

Mitsubishi Heavy Industries and Preferred Networks Form Business Alliance to Jointly Develop Japan-Made AI Technologies for Mission-Critical Applications
Jun 03, 2026 23:51 JST

JAL Engineering and Mitsubishi Heavy Industries Establish Joint Venture "Aero Breath" for Aircraft Aftermarket Business
Jun 03, 2026 23:27 JST

MHI Receives Waste Treatment Technology Verification Report from JESC for Its Biomass High-Efficiency Recovery and Recycling System AdBio
Jun 03, 2026 23:02 JST

DUNLOP and Fujitsu Reduce Tire Structural Analysis Time by Approximately 90% Using AI
Jun 03, 2026 22:31 JST

153 elevators and escalators delivered for the New Taipei Metro Sanying Line in Taiwan
Jun 03, 2026 11:00 JST

Fujitsu Launches AI-Powered Service to Analyze Non-Financial Disclosure and Enhance Corporate Value
May 29, 2026 22:11 JST

Sigenergy Unveils SigenAgent, the First All-Domain AI Agent for the Renewable Energy Industry
May 29, 2026 21:47 JST

Wheelchair Racer Catherine Debrunner Breaks Her Own World Record, Sets New Mark in the 200 Meters (T53) at the World Para Athletics Grand Prix (Switzerland)
May 27, 2026 22:45 JST

Fujitsu signs strategic partnership with Anthropic
May 27, 2026 22:03 JST

Fujitsu to accelerate AI transformation in Japan's enterprise sector through collaboration with OpenAI
May 27, 2026 21:18 JST

Hitachi Energy and Volvo Construction Equipment announce collaboration to accelerate zero-emission construction sites
May 27, 2026 20:19 JST

NEC and New York University Evaluate Economic Impact of Flood Protection Project Around the Island of Manhattan
May 27, 2026 12:03 JST
 More Latest Release >>