HONG KONG (Standard&Poor's) Sept. 22, 2015--Standard&Poor's Ratings Services said today that its ratings and outlooks on Chinese state-owned asset management companies China Huarong Asset Management Co. Ltd. (A-/Stable/A-2; cnAA/cnA-1) and China Orient Asset Management Corp. (BBB+/Stable/A-2; cnA+/cnA-1) are not affected by rising economic risk in China. The ratings and outlooks on their "highly strategic" Hong Kong subsidiaries Huarong (HK) International Holdings Ltd. (BBB+/Stable/A-2; cnA+/cnA-1) and China Orient Asset Management (International) Holding Ltd. (BBB/Stable/A-2; cnA/cnA-2) are also not affected. We believe the incremental economic risk faced by these companies is likely to be within our tolerance for their stand-alone credit profiles. These companies plan to raise additional capital (through an IPO for China Huarong and by acquiring
