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S&P Global Ratings Raises Outlook on JD-SW to Positive, Affirms 'A-' Rating
Recommend 12 Positive 15 Negative 7 |
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Rating agency S&P Global Ratings revised its outlook on JD-SW (09618.HK) to positive from stable, meanwhile affirming its long-term issuer credit rating on JD-SW and its long-term issue rating on its senior unsecured notes at 'A-', according to S&P Global Ratings' announcement. The positive outlook reflects S&P Global Ratings' view of steady EBITDA growth over the next 12-24 months from JD-SW's stronger sales of non-electronics and home appliance products and increasing contribution from JD LOGISTICS (02618.HK). AAStocks Financial News |
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