Country Garden Holdings Company Limited -- Moody's changes Country Garden's outlook to positive from stable (Simplified Chinese translation)
/nwsys/www/images/PBC_148605 ?? ??? – ????? ????? Moody's Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????? - ???? ????? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??????: Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 ??? ????????? 1 ?????????????????? (?????????????????,???????) ??, 2012 ? 12 ? 21 ?—???????????????????? ??????????????????????????? ??????????? ???? ???????????????:“??????????????? ???????????? 12-18 ???????????,?????? ??????????” ????? 2012 ? 12 ? 4 ????????????? 430 ??? ?????????????????????????,?????? ???????????? ?????:“?????????????????????,??? ????????????????? Ba ?????????????” ???????????????? ?? 2012 ? 6 ? 30 ?,????? 12 ?????(????????? ?)??????????? 1.4 ?,??????? 1.5 ?-2.5 ?? ???:“????????? 12 ???????????,????? ???????????,????????? Ba3 ??????” ???????? 12-18 ?????? EBITDA/?????? 3.5 ?,?? ??? /?????? 54%? ???? Ba3 ?????????????????????????? ???????????????? ????????? 2 ???????????????????????????,???? ???????????????????????????????, ?????????????? 2012 ??????,????????? ????? 6,150 ?,??????????????????????? ?????? ???????????????????????????????? ???????,??????????????????????? ( 2007 ??2009 ?? 2010 ?)???(2008 ?? 2011 ?)?????? ?????,?????????? ??,??? Ba3 ???????????????????????? ??????????? ????,????????????? 2012 ? 6 ? 30 ??????? ??? 137 ??,???????? 71 ???????? ?????,????????????: (1)??????????;(2) ???????????; (3)????? 25%? 30%??;??(4)? EBITDA ?????? 4.0 ???? ????,?????,??????????????????: (1)? ??????????????????????????; (2)???? ?;? (3)???????????,???????????????? ??? ????????????????? 2009 ? 3 ????«?????? ?????»( Global Homebuilding Industry)???????????? ?,??? www.moodys.com ?????? ?????????? 1997 ????????????,??????? ???????????????????,?? 2012 ? 6 ?????? ?? 5,480 ????? ????????? 29 ???,?? 2012 ? 6 ???? 8,882 ????? ??????????,???????? ????????? 3 ???? ????????????????????,??????????? ???? ???????????????????????????????? ????????? ???????????,???????????????????? ????,?????????????,??(???)?????? ????????????,??????????????????? ????????????? ???????????????????????????,??? www.moodys.com ?????????????????? ???????????????????????????????? ??????,???????????,????????????? ???????????????????????????????? ?? www.moodys.com ??????? ??????????????????????????????,? ?? www.moodys.com? Moody’s Investors Service Hong Kong Ltd. ????????? ??? 88 ? ?????? 24 ? ???? (??):852.3758.1350 ???? (??):852.3551.3077 -?- ????????? 4 © 2012,?????????(Moody’s Investors Service, Inc.)?/??????????,?????“??” ( MOODY’S)?????,????? ????????? (“MIS”)???????????????????????????????????? ???????????,??????????????( “?????”)??????????????? ????????????????????????????????????????????????? ?????,?????????????????????????????????,??????:?? ????????????????????????????????????????????????? ???????????????????????,????????????????????????? ????????,???????????????????????????????????????? ????????????????,???????????????????????????????? ???????? ???????????? (?????????)??,??????????,????????????? ??????????????????????????????????????????????,?? ????????????????????????????????????????????????? ????????????????,?????? “???”???,?????????????????? ????,????????????????????????,?????????????,??(?? ?)??????????????????,???????????????????????????? ????????????,??( a)??????????????????????????????? ???????(???????)??????????(?????????????????????? ????????)???????????????????????,?( b)???????????? ??????????????(???????????),??????????,?????????? ??????????????????,?????????????????????????????? ??????????????????????(???)??????????????,??????? ????????????????????????????????????????????????? ????????????????????????????????????????????????? ?????????????????????????? ?? (????(MCO)?????????????)????,????????????(???????? ?????????????)?????????????????,????????????????? ?????????,?????? $1,500 ??? $2,500,000 ???????(MCO)???(MIS) ?????? ??,??? MIS ????????????MCO ??????????????? MIS ????????? ????????????? MCO ?? 5% ???????????????????,????????? ?????? www.moodys.com“???? — ???? — ?????????” ?????? ?????????????????????? Moody’s Investors Service Pty Limited ABN 61 003 399 657 ??, ???????????????,??? 336969????????? 2001 (Corporations Act 2001)? 761G ?? ?????????????????????????,?????????,???? ”????”,??? ?? ”????”????????,???????????????????? 2001 (Corporations Act 2001)? 761G ?????”????” ?????????? ???????, Moody’s Japan K.K.(“MJKK”)? 2010 ? 10 ? 1 ????????????? MJKK ????? ????????????????????????????????,??? “??”(MIS)????? “MJKK”??? MJKK ? Moody's Group Japan G.K.??????????????,? Moody's Group Japan G.K.?????? (MCO)???????? Moody’s Overseas Holdings Inc.????? ??????????????????????????,?????????????????????? ???????????????????????????????,????????????,???? ????????????? ]]>


