Fitch Affirms Tencent’s Credit Rating at ‘A’… Outlook ‘Stable’

TREE NEWS reports: Fitch Ratings said it has maintained Tencent Holdings’ long-term issuer default rating at ‘A’ and assigned a ‘Stable’ outlook. This affirmation means the Chinese tech and social media group remains one notch below the ‘AA’ category in Fitch’s rating scale. No further details on this rating action were disclosed.