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

TREE NEWS update: Fitch Ratings said it has maintained Tencent Holdings’ long-term issuer default rating at ‘A’ with a ‘Stable’ outlook. This affirmation means the Chinese technology 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.