Fitch: confirm the "A +" long-term local and foreign currency issuer rating of Zhejiang Exchange Group, and look forward to "stability".

Fitch: confirming Zhejiang Exchange Group's "A+" long-term local and foreign currency issuer rating, looking forward to "stability". Fitch confirmed Zhejiang Transportation Investment Group Co., Ltd. (Zhejiang Communication Investment Group Company Limited) "A+" long-term local and foreign currency issuer rating, looking forward to "stability." Fitch believes that Zhejiang Exchange Group is a government-related entity (GRE) in Zhejiang Province. The entity's rating uses a top-down approach to reflect Fitch's expectation that Zhejiang Exchange will receive special support from the Zhejiang provincial government if needed.