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          January 19, 2021

          Default Rate of the Public Offering Market Is Expected to Rise to 0.70-0.80% in 2021, and Investors Should Pay Attention to Three Credit Risk Types

          Hong Kong, 19 January 2021 -- China Chengxin International Credit Rating Co., Ltd. (“CCXI”) released a report titled “Default Rate of the Public Offering Market Is Expected to Rise to 0.70-0.80% in 2021, and Investors Should Pay Attention to Three Credit Risk Types : Overview of the Credit Risk in the Bond Market in 2020 and Outlook for 2021”, which has reviewed the credit risk performance in the bond market in 2020 and forecast the credit risk trends in 2021 under credit differentiation pressure.

           

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