1. There is no specific time. When it is announced, it will burst out in some timely information, causing a slight shock in the foreign exchange market
you can see the real-time news updates on the website of Baite investment.
2. Moody's set up a representative office in Beijing in July 2001 to expand its business in China. Moody's established its wholly-owned subsidiary, Beijing Moody's Investor Services Co., Ltd. in February 2003. Mr. Ye min, Moody's managing director in charge of China's financial market, is in charge
Moody's has recruited a large number of local staff and is now applying for a domestic rating license in China. Moody's has developed a national rating system for China, providing domestic investors in the debt capital market with advice on the credit quality of Chinese issuers and debt instruments
Moody's also provides credit risk information and management services. Other non rating business activities in China include credit training and credit risk management consulting, software tools and system development and services
looking ahead, Moody's expects strong growth in China's three major business areas, including structured financing, corporate financing and financial institutions. In addition, Moody's expects its professional advice and system of credit analysis and credit risk management to be in great demand in China
based on the market appreciation of Moody's unique rating, the value of Moody's proprietary analytical technology, as well as Moody's ability to build a deeper relationship with customers and anticipate market development, Moody's has always been interested in developing its business in China
3. John Moody's securities rating system was established in 1909 to provide investors with a simple rating system to understand the relative credit quality of the securities. The credit quality grade of rating symbols is represented by rating symbols. Each symbol represents a group, and the credit characteristics within the group are similar. The rating symbols are divided into the following nine types, representing from the lowest credit risk to the highest credit risk: AAA AA baa Ba B CAA CA C Moody's adds the correction numbers 1, 2 and 3 after each basic level from AA to CAA. No rating, no designated rating or withdrawal of rating may be caused by other factors unrelated to credit. The reasons for not having a specified rating may be one of the following: 1. The application has not been received or rejected. 2. Due to policy, the debt issuer or the type of securities or entities of the issuer will not be rated. 3. Lack of necessary information about debt issuers or issuers. 4. The debt issue is a private placement, and this rating is not published in Moody's publications. The withdrawal of ratings may be e to the emergence of new major circumstances, and the impact of these circumstances can not be fully analyzed; There is no up-to-date information reasonably available for judgment; Bond redemption, etc. The credit quality of most issuers and their debt is not unchangeable, but will be adjusted according to the situation. The purpose of rating adjustment is to reflect changes in the internal relative position of the issuer and its debt. The rating of indivial debts may be adjusted at any time. Moody's will adjust its rating if it finds that the credit status of the relevant debt has changed, or the previous rating does not fully reflect the current quality of the bond. The nature of the adjustment determines that the adjustment of the rating of lower grade bonds is usually more than that of higher grade bonds. However, bond rating users should pay close attention to all ratings (both low and high) at all times so as to be immediately aware of any possible adjustment signs. Restrictions on the use of ratings * the credit quality of debt with the same rating is not necessarily the same. They are only roughly similar, but because they can only use a limited number of ratings to rate thousands of bonds, the symbols can not reflect the actual risk distribution. Grade is used to evaluate debt according to the credit quality of debt, so it can not be used as the basis of investment operation alone. For example, ratings are useless in predicting future trends in market prices. The credit quality of indivial debt issuance is not the only determinant of bond market price volatility. Other factors include exchange rate and changes in the overall economic situation, distance from maturity and so on. During the validity period of bonds, even the bonds with the highest rating will fluctuate significantly, but this will not affect their highest rating. Market prices are not a factor in deter
mining ratings, so ratings should not be interpreted as recommendations about "attractiveness.". The attractiveness of a particular bond depends on its yield, distance from maturity or other factors that investors may search for, as well as credit quality, which is the only factor for rating. On the one hand, rating involves the judgment of the future; Ratings, on the other hand, are used by investors as a safeguard. Therefore, the "worst" possibility of the "visible" future needs to be explored in depth when rating, rather than relying on historical records and current conditions. Therefore, investors who use rating should know that rating is not only a reflection of various statistical data, because it is an assessment of long-term risk, which contains a large number of non data factors. Although the bank's regulators may use ratings to identify bonds in the bank's own inspection proceres, Moody's did not take these bank regulatory factors into account when specifying ratings. Moody's rating does not reflect Moody's investor services company's own judgment on whether a bond is suitable for bank investment purposes. Moody's rating represents Moody's Investor Services' view on the relative credit status of securities. Therefore, Moody's ratings should be used in conjunction with the presentation and statistics in Moody's publications. Investors should refer to the information of the issuer contained therein. Moody's is not a commercial credit rating. There is no default or takeover factor included unless expressly stated.
4. The offshore RMB dived nearly 70 points and hit the 6.89 level, while the US dollar against the offshore RMB hit a three-day high of 6.8900. The default risk of China's treasury bonds rose by 3 basis points. According to the quotation of Western Pacific Bank, the cost of default insurance for China's five-year treasury bonds rose the most in a week after Moody's downgraded China's sovereign rating to A1. That could be the biggest gain since May 17, according to CMA, the data provider< In response to Moody's downgrade of China's sovereign rating, the Ministry of Finance said in an interview that Moody's downgrade of China's sovereign credit rating was based on the inappropriate method of "Pro cyclical" rating, which was related to the rapid growth of China's real economy debt scale, the difficulty of relevant reform measures to achieve results, and the lack of financial support To some extent, it overestimates the difficulties faced by China's economy and underestimates China's ability to deepen supply side structural reform and moderately expand aggregate demand< The head of the Ministry of Finance pointed out that, in general, after the implementation of the new budget law, China has graally established a local standardized debt financing mechanism in accordance with the law, and the growth momentum of debt scale has been effectively controlled. The debt ratio of China's debt in 2016 has little change compared with that of the previous year.
5. Hello, classmate, I'm glad to answer for you
Gordon online school answers for you:
Moody's company's credit evaluation of instrial enterprises focuses on two fundamental questions: first, how much risk does the creditor fail to recover the principal and interest of the creditor's rights on time; Second, how does the degree of risk compare with other claims? The risk here is actually to measure the ability of bond issuing units to obtain cash in the future. This is the focus of Moody's analysis. In order to determine the reliability, we must carefully analyze the advantages and disadvantages of the debt issuing unit, as well as the influence of external factors on the company's ability to fulfill its debts, and pay special attention to whether the management can maintain the cash income when the operating environment is unfavorable
for details, click the full text of how Moody's evaluates instrial enterprises
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6. Moody's manual includes instry manual, transportation manual, banking and finance manual, etc. It is a guidance analysis report issued by Moody's investors service every year. It is a subsidiary of Moody's
7. Moody's Investor Services has set up 15 branches in 12 countries, and its investment credit evaluation objects are all over the world. Moody's has concted credit analysis and evaluation on more than 100000 kinds of securities issued by governments and enterprises in more than 100 countries. More than 15000 customers have read and used all kinds of information released by Moody's, of which more than 3000 are institutional investors who manage 80% of the global capital market. The total number of senior employees is 1500, of which 680 are professional evaluation analysts< In 1975, the securities and Exchange Commission (SEC) recognized Moody's, standard & Poor's and Fitch as "nationally recognized statistical rating organization" (NRSRO)
