Moody's downgrades Hong Kong's credit ratings on China links
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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 late Wednesday, shortly after cutting China's credit ratings for the first time in almost 30 years.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
