Hong Kong. 4 March 2019. Pengyuan International (‘PENGYUAN’) has been awarded the Best Emerging Global Credit Rating Agency of the Year at “2018 The Best Deals and Outstanding Organizations of the Chinese USD Bond Market” hosted by Wall Street Trader, a China based leading global fixed income market solution provider. Through its web and mobile platforms, Wall Street Trader provides extensive bond capital market intelligence to a wide range of market participants in the Greater China region.
“Pengyuan International is truly thankful to be recognised by market participants for its efforts in providing global credit rating services in the offshore space with the highest international standard. We are also grateful for the support from our clients as well as investors,” said Jonathan Hu, CEO of Pengyuan International, “In 2019, we will devote further to provide insightful credit ratings, research, and events to meet market demand.”
Pengyuan International began operation in Hong Kong since late 2017 with the mission to provide independent and objective credit opinions and related research to market participants. As of date, the credit rating agency has already published 14 rating methodologies across sovereign and public finance, financial institutions, corporates and structured finance.
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Pengyuan International (full name: Pengyuan Credit Rating (Hong Kong) Company Limited) is a credit rating agency licensed by the Hong Kong Securities and Futures Commission (‘SFC’) for providing credit rating services. We provide global-scale credit ratings on issuers and issuances regarding sovereign and public finance, financial institutions, corporates and structured finance, as well as related credit analytics.
Pengyuan International is a wholly-owned subsidiary of CSCI Pengyuan, one of the first China-based credit rating agencies. CSCI Pengyuan has issued more than 40,000 issuer and issuance ratings in China by the end of 2017. In 2018,CSCI Pengyuan Ratings rated about one-third of issuers and issuances in the Chinese enterprise bond market, ranked first in China for the past 8 years.
For further information, please visit www.pyrating.com