gratisbingo| Moody's: Maintain and confirm WuXi AppTec's (2359.HK/603259.SH) Baa2 investment-grade credit rating

On May 21, Moody's maintained WuXi AppTec (603259) Baa2gratisbingoThe issuer rating of the company has adjusted its outlook from stable to negative due to uncertainty caused by the proposed U.S. bill.

Moody's said the confirmation of WuXi AppTec's Baa2 issuer rating reflects the company's leading market position as a contract research institution with a full-service new drug research and development and manufacturing services platform in China, its low debt leverage and excellent liquidity.