Lianhe Ratings Global Limited (“Lianhe Global”) has rated 82 deals worth USD 20 billion of Chinese offshore bonds, making it the largest Chinese offshore credit rating agency. Meanwhile, Lianhe Global has assigned and published global scale issuer credit ratings (all solicited) to over 30 corporate and LGFV issuers.
As a homegrown international rating agency, Lianhe Global possesses unique local insight and understanding about the Chinese government framework and business environment in which Chinese issuers operate, enabling us to provide investors a different perspective from the big three U.S. rating agencies. Our international expertise and professionalism mirror the big three international rating agencies, as more than half of our current employees have previously worked for the international rating agencies for a substantial period of time.
Lianhe Global is a wholly-owned subsidiary of Lianhe Credit Information Service Co., Ltd. (“Lianhe Group”). China Lianhe Credit Rating Co., Ltd (“Lianhe Ratings”), owned by Lianhe Group, focuses on the ratings for the Interbank Market and the Exchange Market. Lianhe Ratings was established in 2000 and it is one of the two largest credit rating agencies in China with more than 30% market share. As of December 2020, Lianhe Ratings had approximately 350 analysts covering a portfolio of 3,000 issuers ranging from corporates, LGFVs, and banks, to structured finance products in China.