Lianhe Global (2019 CCMC)
Lianhe Global is a wholly-owned subsidiary of Lianhe Credit Information Service Co., Ltd. (“Lianhe Group”). Lianhe Global was incorporated on 26 September 2017 in Hong Kong SAR and was granted a type 10 license, providing Credit Rating Services, by the Securities and Futures Commission in July 2018.
Lianhe Group owns China Lianhe Credit Rating Co., Ltd (“Lianhe Ratings”) which focuses on the Interbank Market and United Credit Ratings Co., Ltd. (“United Ratings”) which focuses on the Exchange Market, in China. Together, we refer to them as Lianhe Capital Markets. Lianhe Capital Markets is now one of the two largest credit rating agencies in China since its founding in 2000. As of December 2018, Lianhe Capital Markets had approximately 350 analysts covering a portfolio of 5,000 issuers ranging from corporates, LGFVs, and banks to structured finance products in China.
Lianhe Global published our first USD bond rating in January 2019 and we have rated USD4.11 billion cross-border bonds so far. This makes us the Fourth-Largest International Rating Agency in the Chinese offshore bond market. Please refer to our website for the rating action commentaries and rating reports that we have published.
