2023
Oct 19
Video
惠誉聚焦中国 - 中国城投企业加快转型步伐,或影响其独立信用状况
许多中国地方政府投融资平台(城投企业)正越来越多地参与提振地方经济,尤其是在经济发达地区。这些城投企业逐步由地方基础设施建设融资平台转型为地方产业投资平台。城投企业加快转型步伐,通过将公益项目与相关且具盈利能力的商业化项目结合来避免新增隐性债务。在调整后的运营模式下,政府支持将较为间接且不具约束力。不过,如果企业的经营性现金流低于预期,地方政府或仍有动力向其提供特别支持。这种转变可能对企业的信用状况产生影响,不过实际影响或因个体而异。
More from Video
2026
Jun 04
Bank Rating Criteria Series – Senior Debt and Deposit Ratings
This video provides an overview of Fitch's approach to assigning ratings to senior debt and deposits across different resolution regimes. Part 4 of 5.
Bank Rating Criteria Series – Subordinated and Hybrid Debt Ratings
This video provides an overview of Fitch's methodology to assign ratings to subordinated and hybrid debt. Part 5 of 5.
Bank Rating Criteria Series – Support Ratings
This video provides an outline of how Fitch Ratings determines Government Support Ratings (GSRs) and Shareholder Support Ratings (SSR). Find out what the key factors are for assessing the ability and propensity to support banks. Part 3 of 5.
Bank Rating Criteria Series – Viability Ratings
This video explains the 3-step process to determine Viability Ratings (VRs) for banks, including the determination of scores for the key rating drivers, the implied VR and the final VR. Part 2 of 5.
Bank Rating Criteria Series – Rating Framework
This video provides an overview of Fitch’s Rating Framework, how it is structured and the main characteristics of issuer-level ratings for banks. Part 1 of 5.
Jun 03
North American SASB CMBS Market Spotlight: Analytical Rigor and Selectivity Matter
Join Melissa Che, Head of CMBS Research, with Senior Directors Adam Ott and Brook Sutherland, for a focused look at the SASB CMBS market, covering issuance trends, Fitch’s selective, disciplined analytical approach, and loan and rating performance.
Korea’s Offshore Private Credit Review Signals Precaution
Korea’s review points to broader monitoring of offshore private credit, with current risks still manageable.
Jun 02
Private Credit Conference 2026 - Promo
Jun 01
企业评级标准视频系列 – 3. 企业评级标准概要
惠誉向企业主体授予发行人违约评级时考量的六项关键评级驱动因素。
金利ではなく、コストの上昇が日本の事業会社の課題となる
2026年の日本の事業会社の信用力に対するより大きな試練は、円金利の正常化ではなく、継続的なコスト上昇によるものになる、とフィッチ・レーティングス(フィッチ)は述べている。