Ratings agency Moody's downgraded the outlook on Hong Kong's credit rating
PHOTO
Ratings agency Moody's downgraded the outlook on Hong Kong's credit rating to negative from stable on Wednesday, following a similar change for China the day before.
"The change in Hong Kong's rating outlook reflects Moody's assessment of tight political, institutional, economic and financial linkages between Hong Kong and the mainland," the agency said in a statement.
Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.
© ZAWYA 2024
