Ronshine China Holdings Limited: Negative outlook reflects refinancing risk and weak credit metrics
CORPORATES CREDIT OPINION 8 September 2017 Update RATINGS Ronshine China Holdings Limited Domicile Cayman Islands Long Term Rating B2 Type LT Corporate Family Ratings Outlook Negative Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Analyst Contacts Anthony Lee, CFA 852-3758-1305Ronshine China Holdings Limited is an investment holding company principally engaged in the development of properties. The Company is involved in the sale of properties, construction contracting businesses and rental of properties. The Company invests in basements, residential properties, commercial properties, hotels and office properties, among others. Its properties include First City Rongxin Super Star City Phase I, First City Rongxin Super Star City Phase III, Rongxin Spanish, Broad View, David City, Lan County and The White House, among others. The Company operates businesses in Chinese cities, including Shanghai, Hangzhou, Fuzhou, Xiamen and Zhangzhou, among others.
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