Fitch views Zhejiang Seaport negatively

Fitch Ratings said it revised the outlook on Zhejiang Provincial Seaport Investment & Operation Group Co., Ltd.'s (Zhejiang Seaport Group) long-term issuer default rating to negative from stable. The long-term IDR has been affirmed at A+.

The revision of the outlook follows the outlook revision on Fitch's internal assessment of the creditworthiness of the Zhejiang provincial government.

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