Moody’s downgrades Hong Kong outlook to “negative” as protests go on
15 Sep Moody’s downgrades Hong Kong outlook to “negative” as protests go on
Posted at 12:32h
in
News
by KMFSLLP
Credit rating agency Moody’s
changed its outlook on Hong Kong’s rating to negative from
stable on Monday, reflecting what it called the rising risk of
“an erosion in the strength of Hong Kong’s institutions” amid
the city’s ongoing protests.
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