Emerson Analytics

S&P Restores Hongqiao from Credit Watch after Two Downgrades in Eight Months

S&P Restores Hongqiao from Credit Watch after Two Downgrades in Eight Months

Independent investment research firm S&P Global Ratings announced on Wednesday that it has taken China Hongqiao Group off of credit watch almost exactly eight months after the company was placed on the list with negative implications. Citing Hongqiao’s issuance of the long-delayed...

Events

Ernst & Young Quits as Hongqiao’s Auditor

The world’s largest aluminium producer hit yet another speed bump on the road to releasing 2016’s financials after its independent auditor resigned late last week. China Hongqiao Group made the announcement on Friday in conformance with the Hong Kong Stock Exchange’s rules. According to Hongqiao, its now-former auditor Ernst & Young recommended that an independent investigation be […]

Hongqiao Files Defamation Lawsuit Against Short Seller Emerson

Embattled Chinese aluminium firm China Hongqiao Group opened a new front in the war against short-seller Emerson Analytics this week when it began a defamation action against the firm in Hong Kong’s High Court. According to a report by Bloomberg, Hongqiao is pursuing an order from the court enjoining Emerson from publishing another report on […]