China State Construction Engineering Corp Ltd: Update to credit analysis
Our credit view of China State Construction Engineering Corp Ltd (CSCECL), reflecting its improved order book, strong liquidity, high level of expected parental support and modest 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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