Fitch Ratings announced that it has upgraded$Contemporary Amperex Technology (300750.SZ)$'s Long-Term Foreign-Currency Issuer Default Rating (IDR) and senior unsecured rating to 'A-' from 'BBB+'. The outlook on the IDR is Stable. Fitch attributed the upgrade to its view that CATL's business profile has become increasingly robust. The company's performance in 2022 and 1Q23 demonstrates solidification of its dominant market share, technological capability and capacit...
KingNY-Life : A+ is positive, A - not