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Moody's downgrades Hong Kong's credit ratings on China links

Friday, May 26, 2017 - 05:50

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Moody's downgrading of Hong Kong's credit ratings will likely have little impact in the short-term, unlike the preceding ratings cut in China, say analysts.

Hong Kong

MOODY'S downgrading of Hong Kong's credit ratings will likely have little impact in the short-term, unlike the preceding ratings cut in China, say analysts.

The US ratings agency downgraded Hong Kong's local currency and foreign currency issuer ratings to Aa2 from Aa1

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