- Provides independent, objective, and forward-looking ratings assessments & opinions on Chinese sectors and companies
- The first in China to apply international standards to issuer credit ratings assignment based on public information
- Continuously monitors the financial health of over 100 of China's leading listed corporations
- Unparalleled insight and outlook on the China markets through customer-oriented sector and investment research
 Xinhua Far East China Ratings (Xinhua Far East) provides essential support for asset allocation and credit risk management with ratings and research unrivaled in their objectivity, transparency, and depth. Our capabilities include the provision of rating assessments and outlooks for equity and fixed income securities, industry-specific research, and customized investment research.
Through Xinhua Finance's strategic partnership with Shanghai Far East Credit Rating Co., one of China's five domestically-accredited ratings agencies, we empower sound and proactive investment decisions through products and services that combine international best practices with local expertise. Given its well-established business and the synergies of this joint rating project, in December 2003 Shanghai Far East became the first member from Mainland China to be admitted in the Association of Credit Rating Agencies in Asia ("ACRAA"), an association supported by the Asian Development Bank to enhance quality and comparability of ratings and best practices in the region.
 Our Ratings services provides risk assessments for a variety of asset classes, including equity, fixed income, and other structured financial instruments. These assessments provide portfolio managers with an objective, in-depth look into issuers' financial health, serving as a foundation for asset allocation. They also allow organizations to demonstrate the credit quality of their issuances, which, in the case of fixed income instruments, provide a basis for coupon rate derivation. Xinhua Far East's collaboration with Shanghai Far East, enables us to capture opportunities as financial product innovation, especially in the realm of commercial paper, becomes mainstream.
In addition to ratings, Xinhua Far East also releases Ratings Outlooks, indicating directional pressures, and Alerts, indicating an issuance's pending review. As of December 2006, Xinhua Far East has provided ratings based on public information for over 100 of China's largest domestically and overseas-listed corporations.
 With profound local knowledge and adherence to international practices, Xinhua Far East provides investors with proactive opinions and timely investment updates on key sectors in China. Our analysis offers unparalleled insight and outlook into industry trends and potential risks through both top-down and bottom-up perspectives. Acclaimed for their independence, objectivity, and prescience, our research reports are widely referenced by investment professionals. Our devoted and continuous monitoring covers such ICB-standard industries as oil & gas, industrial, consumer goods, utilities, financials, and telecommunications.
 Xinhua Far East clients commission Xinhua Far East Customized Investment Research to conduct exclusive research on industries, companies, or issuances of interest in support of high-value investment decision-making. Through their expertise and Xinhua Finance's informational resources, our analysts tailor insightful research reports to clients's requests. Using our international perspectives and thorough understanding of global markets and domestic idiosyncrasies, we also provide advisory services to state-owned enterprises in China as they rationalize their corporate structures, overhaul their operations and upgrade their risk management, internal control, and governance.
Our Rating Scale
Our Rating Process
Xinhua Far East's rating process strictly follows international standards is commited to the highest degree of independence and the best quality of rating opinion and research. All rating decisions must be endorsed by the rating committee.
Our Rating Analytical Framework
Our ratings are based on an internationally accepted methodology applied to a national scale rating. The rating assesses an issuer's probability of default, taking into account a range of relevant factors, including economics, financial and cash flow projections, industry trends and outlooks, regulations, government support, management capability, jurisdiction, competition and contingency funding support.
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