Zhong Guo Zheng Quan Bao·2026-02-25 13:30Group 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] - Both funds are sub-funds of Huatai Global Investment Fund, registered in Hong Kong, primarily investing at least 70% of their net assets in 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 in 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 appointed 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 to enhance international business layout and integration between domestic and foreign operations [2]