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Analysis

S&P: Lower Peru anchovy quota means China Fishery cash flow recovery ‘unlikely’

After it emerges a Hong Kong court has appointed provisional liquidators from KPMG, S&P downgrades China Fishery

By Undercurrent News | Nov. 26, 2015 15:47 GMT
Carlyle shareholding in China Fishery diluted
Lafayette, now known as Damanzaihao, is China Fishery Group's flagship processing vessel.
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After it emerged the high court of Hong Kong has appointed KPMG as provisional liquidators of China Fishery Group, ratings agency Standard and Poor’s (S&P) downgraded the company [...]

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