HONG KONG (Standard&Poor's) Aug. 27, 2015--Standard&Poor's Ratings Services said today that its issuer credit ratings on China Cinda Asset Management Co., Ltd. (China Cinda) and China Cinda (HK) Holdings Co. Ltd. (Cinda HK) are unaffected for now by the news that China Cinda is bidding for Nanyang Commercial Bank Ltd. BOC Hong Kong (Holdings) Ltd. announced yesterday that it received only one bid. The transaction is still subject to approvals and the buyer and seller reaching an agreement on the terms. It remains uncertain if, and when, the transaction will be completed. We believe the possible acquisition would pressure China Cinda's capitalization and, in turn, our rating on China Cinda (A-/Stable/A-2; cnAA/cnA-1), depending on the transaction
