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Moody’s Upgrades the Credit Ratings of CITIC Group and CITIC Limited

2026-09-24 09:12:00

On 22 September 2026, international credit rating agency Moody's Ratings published a report upgrading the issuer ratings of CITIC Group Corporation ("CITIC Group") and CITIC Limited to A2 from A3, with a stable outlook, and raising the Baseline Credit Assessments (BCAs) of both companies by one notch. The A2/stable rating is the highest credit rating the Group has been assigned since Moody's first rated it.

The upgrade reflects the consistent recognition by international rating agencies of CITIC Group's steady and improving operating performance, the strengthened credit profile of its financial services segment, the continued execution of its diversification strategy, and its effective management of financial leverage.

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