Share
06 September 20198.25 The Fitch agency has cut the rating of Hong Kong bringing it from AA + to AA. The uncertainties and instability on the businnes context after almost three months of protests weigh negatively on the judgment. The outlook is negative and leaves open the possibility of other downward interventions in the medium term. According to the agency, the protests inflicted long-term damage to the perception of international investors, and this raises doubts about the economic stability of the former colony British.Hong Kong, Fitch cuts rating to AA
2019-09-06T06:38:03.011Z
8.25 The Fitch agency has cut the rating of Hong Kong bringing it from AA + to AA. The uncertainties and instability on the businnes context after almost three months of protests weigh negatively on the judgment. The outlook is negative and leaves open the possibility of other downward interventions in the medium term. According to the agency, the protests inflicted long-term damage to the perception of international investors, and this raises doubts about the economic stability of the former colony British.
Source: rainews