| WESCHI | | --- | | Moody's: | B3 | Outlook: | Positive | | --- | --- | --- | --- | | S&P: | B+ | Outlook: | Stable | | Fitch: | B | Outlook: | Negative | | | | The above agency ratings are at the corporate level | | Asia Pacific Credit Research 17 June 2026 J P M O R G A N West China Cement Much Ado About Nothing We believe market concerns over West China Cement ("Weschi")'s potential second China asset sale (link) are unwarranted. This report addresses the two concerns of this potential asset sale, i.e., ...