This report does not constitute a rating action. HONG KONG (S&P Global Ratings) Nov. 6, 2026--S&P Global Ratings today updated its sector and industry variables outlined in"Global Methodology And Assumptions: Assessing Pools Of Residential Loans--Asia-Pacific Supplement ,"published April 4, 2024. Specifically, we updated the score for economic risk for China to intermediate risk from high risk, following the recent revision of the China BICRA economic resilience score to low risk from intermediate risk. Sector and industry variables are sector, industry, asset class, or regional variables that are related to criteria and are expected to be periodically updated and republished to reflect S&P Global Ratings'evolving views as market conditions warrant.
