BRIEF-Fitch Says Evergrande Impact On Rated Construction Companies Is Manageable

Fitch Ratings: * FITCH RTGS: EVERGRANDE IMPACT ON RATED CONSTRUCTION COMPANIES IS MANAGEABLE

* FITCH - SCALE ADVANTAGE OF FITCH-RATED ENGINEERING, CONSTRUCTION (E&C) COS MITIGATES RISK OF SINGLE CUSTOMER DEFAULT OR PROJECT FAILURE INCIDENT * FITCH - E&C COS WITH MATERIAL EXPOSURE TO HOUSING PROJECTS, PROPERTY DEVELOPMENT, MAY BE AFFECTED IF DEFAULT DISRUPTS BROADER PROPERTY MARKET Source text for Eikon: Further company coverage: