What do S&P, Moody's and Fitch mean respectively?

Standard & Poor's: the abbreviation of Standard & Poor's, which was founded by Mr. Poole in 1860 and merged by Poole Publishing Company and Standard Statistics Company in 194 1 year. 1975? S&P is recognized by the SEC as a "nationally recognized rating agency" or "NRSRO".

Moody's: Moody's mainly refers to Moody's investment grade or Moody's investment service company, headquartered in Manhattan, new york, originally founded by John Moody at 1900. Moody's Investment Services was once a subsidiary of Dunbar. 200 1, Dunbar and Moody's split up and became independent listed companies respectively. ?

Fitch: Fitch is one of the three largest international rating agencies in the world and the only international rating agency funded by Europe, with its headquarters in new york and London. There are more than 40 branches in the world, with more than 1 100 analysts.

Extended data:

Fitch Ratings China Fitch Ratings is one of the top three rating companies in the world alongside Standard & Poor's and Moody's. Among the three major rating companies, Fitch was the first to enter China. These three rating agencies have their own emphasis, with Standard & Poor's focusing on corporate rating, Moody's focusing on institutional financing, and Fitch focusing on the rating of financial institutions.

Today, Fitch's rating types mainly include enterprises, financial institutions, structured financing, local governments and national sovereignty. Fitch's scale in the US market is smaller than that of the other two rating companies, but in the global market, especially in emerging markets, Fitch is more sensitive and has an international vision.

Fitch entered the China market in 2000 and set up a representative office in June 2003, mainly engaged in data collection, research, reporting and publicity. Wu Runyang, the chief representative of Beijing Representative Office, spends most of his time flying around the country to give lectures. He said that Fitch's work in China has just begun, with the focus on cultivating this market.

China is making progress every day, but the situation is special. There are some large domestic enterprises listed overseas for financing, and they are familiar with the rating, but the number of these enterprises is still very limited. Most domestic enterprises don't have much sense of rating, because China's local bond market is underdeveloped and the main funds of enterprises come from bank loans.

Baidu Encyclopedia-Standard & Poor's

Baidu encyclopedia-moody investment service company

Baidu encyclopedia-Fitch international credit rating co., ltd