SHANGHAI, Aug 11 (Reuters) - Fitch Ratings said on Wednesday it has downgraded the rating of Huarong Industrial Investment & Management Co, after reassessing its linkage with its troubled parent to “weak” from “strong”. The long-term foreign-currency Issuer Default Rating of Huarong Industrial, a unit of bad loan company Huarong Asset Management has been cut to “CCC” from “BB”, Fitch said in a statement. It also cited an ongoing lack of a refinancing plan for its debts maturing in 2022. Reporting by Shanghai newsroom, Editing by Louise Heavens Our Standards: The Thomson Reuters Trust Principles.