16.01.2014 10:00:00

Tencent Holdings Limited -- Moody's: Tencent's investment in China South City is credit positive

Hong Kong, January 16, 2014 -- Moody's Investors Service says that the announcement by Tencent Holdings Limited (Baa1 positive) that it will make a 9.9% strategic investment in China South City (CSC, B2 positive) is credit positive but will have no immediate impact on Tencent's Baa1 issuer rating and positive outlook.

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