23.11.2016 11:14:00

Shanghai Electric (Group) Corporation -- Moody's: Asset injection and share placement within Shanghai Electric group are credit positive

Hong Kong, November 23, 2016 -- Moody's Investors Service says that the asset injection by Shanghai Electric (Group) Corporation (SEGC, A2 stable) into its listed subsidiary, Shanghai Electric Group Company Limited (SHE, A2 stable), as well as the proposed placement of SHE's shares are credit positive for both companies.

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