China State Construction Engineering Corp Ltd: Update following rating affirmation
Our credit view of CSCECL reflects its leading market position, good earnings visibility and parental support, offset by its investment-driven increase in leverage.China State Construction Engineering Corporation Limited is a China-based company principally engaged in the engineering contracting businesses. The Company's main businesses include the construction contracting of buildings, infrastructure construction and investment, real estate development and investment, electricity, energy exploitation, survey and design, as well the municipal utility design services. The Company mainly operates its businesses in domestic and overseas markets.
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