(Source: Fitch Inc) 02 Nov 2015 10:15 AM GMT/UTC Fitch Ratings-Hong Kong-02 November 2015: Fitch Ratings has affirmed Hong Kong-based Sun Hung Kai Properties Limited's (SHKP) Long-Term Issuer Default Rating (IDR) at 'A' and its Short-Term IDR at 'F1'. The Outlook is Stable. Fitch has also affirmed SHKP's senior unsecured rating at 'A' and the senior unsecured notes issued by Sun Hung Kai Properties (Capital Market) Ltd at 'A'. The affirmation reflects the delivery of strong and stable rental income from SHKP's well-located investment property portfolio, which provides healthy interest coverage. SHKP is focused on asset turnover, and is likely to speed up launches of its Hong Kong residential...
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