2025
Aug 25
Video
惠誉聚焦中国 - 中国水泥行业整合有望支持利润回升
惠誉评级认为我国水泥行业正加速整合，以应对产能过剩和市场疲软的双重压力。政府通过严格的产能置换和节能减排政策/ 引导企业淘汰低效产能，并推动并购重组。由于煤价下跌助力盈利改善，多家上市企业业绩指引表明2025年上半年全行业有望扭亏为盈。领先企业已开始调整战略，提升竞争实力。总体来看，行业整合改善市场环境与盈利水平，但房地产收缩等因素仍使未来发展不确定，机遇与挑战并存。
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Dec 29
Credit Outlook 2026 - Neutral 2026 Outlook for APAC Banks, with Pockets of Risks to Watch
Fitch Ratings’ 2026 sector outlooks for APAC banks are broadly neutral across both developed and emerging markets.
Dec 18
An Update on China’s LGFV Debt Substitution Programme
Davis Sun, Senior Director at Fitch Ratings, provides a progress report on China’s debt substitution plan and its impact on local government vehicles (LGFVs) and finances, as well as an outlook for 2026 and beyond.
Dec 16
Global Housing and Mortgage Outlook 2026
Join RMBS heads Kevin Kendra, Alessandro Pighi, and Ben McCarthy as they discuss the Global Housing and Mortgage Outlook for 2026, covering home price growth, performance risks, and key market trends.
Dec 15
Credit Outlook 2026 - Global Sovereigns Outlook is Neutral for 2026
The ‘neutral’ 2026 outlook for global sovereigns reflects broadly flat world GDP growth, reduced uncertainty over US tariffs and lower policy rates. But structural shifts in trade, technology, geopolitics and financial markets represent risks.
Global Economic Outlook - AI-Related Capital Spending Cushions Slowdown
Brian Coulton and Ed Parker discuss Fitch’s Global Economic Outlook, reviewing where the world economy stands at the close of 2025 and key trends for 2026, from AI-driven investment and resilient U.S. equities to China’s sharp investment slowdown.
Dec 11
中国五家全球系统重要性银行预期按计划达标TLAC要求
中国五家全球系统重要性银行（G-SIBs）预计将于2028年1月前满足最低总损失吸收能力（TLAC）要求。
China’s Five G-SIBs on Track to Meet TLAC Requirements
China’s five global systemically important banks (G-SIBs) are set to meet the minimum total loss-absorbing capacity (TLAC) requirements by January 2028.
Risk of Political Flare-Ups to Linger in 2026 for Some APAC Sovereigns
Political flare-ups will remain a credit risk for some APAC emerging market sovereigns in 2026, following significant unrest this year in Indonesia, the Maldives, Mongolia, Nepal and the Philippines.
Dec 09
Are Bubble Risks Emerging in Leveraged Finance?
Lyuba Petrova, Lyle Margolis and Justin Patrie examine bubble risks as equities surge, credit spreads tighten, private credit faces hidden vulnerabilities and AI investment accelerates, though valuations suggest buyers aren’t overpaying.
Dec 08
惠誉《市场领袖》视频系列 | 日产汽车首席执行官Ivan Espinosa 采访精选
日产汽车首席执行官Ivan Espinosa与惠誉全球业务关系发展负责人Mark Oline畅谈领导力、如何应对关税与行业周期、Re:Nissan计划、电动汽车战略、中国市场布局，以及人工智能在日产设计与开发中的应用。
