06.09.2013 14:32:00
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Sun Hung Kai Properties Limited -- Moody's: Sun Hung Kai Properties' A1 ratings unaffected by new land acquisition
Hong Kong, September 06, 2013 -- Moody's Investors Service says the A1 ratings and the negative outlook on Sun Hung Kai Properties (Capital Market) Ltd will not be immediately affected by Sun Hung Kai Properties Limited's (SHKP) acquisition of land parcels in Shanghai amounting to RMB21.77 billion (HKD27.59 billion).