Zhong Guo Ji Jin Bao·2026-02-25 10:40Group 1 - S&P Global Ratings has assigned AA-f/S1+ and AA-f/S1+ ratings to Huatai Financial Holdings (Hong Kong) Limited's HKD MMF and USD MMF, marking the first ratings for public funds managed by Chinese institutions in Hong Kong and the first for USD money market funds operating in Hong Kong [1][2] - Both funds are sub-funds of Huatai Global Investment Fund, registered in Hong Kong, primarily investing in short-term deposits and money market instruments, with at least 70% of net assets allocated to HKD and USD-denominated assets respectively [1] - The underlying asset quality of both funds is high, with an experienced fund management team and robust risk and compliance management, as indicated by the credit quality rating analysis report [1] Group 2 - The S1+ rating for volatility indicates that both funds have a risk level comparable to short-term government bonds, offering stable returns with very low volatility [1] - Huatai Securities has recently appointed Mr. Zhang Dayu to lead its overseas asset management business, bringing nearly 20 years of experience in global capital markets and cross-border business development [2] - The high ratings from S&P reflect the recognition of Huatai Securities' international asset management business and its strategic efforts in enhancing international business layout and integration between domestic and foreign operations [2]