Fitch gives AVIC Capital A-

Fitch Ratings said it published AVIC Capital Co., Ltd.'s long-term issuer default rating of A-. The outlook is stable.

“AVIC Capital is a financial holding company under Aviation Industry Corporation of China (AVIC), a state-owned military and civilian aircraft manufacturer in China. AVIC controls about 50% of AVIC Capital's shares directly and indirectly,” Fitch said in a press release.

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