Moody’s withdraws ratings of China’s Evergrande and Kaisa

(Reuters) – Moody’s on Tuesday said it withdrew the ratings of property developers China Evergrande Group and Kaisa Group because of insufficient information.

Moody’s said it also withdrew its ratings on Evergrande’s units – Hengda Real Estate Group Company Limited, Tianji Holding Limited and Scenery Journey Limited.

(Reporting by Jose Joseph in Bengaluru; Editing by Dhanya Ann Thoppil)