Fitch: China slowdown would hit banks in Asian developed markets most

Dhwani Mehta FXStreet

The US-based Fitch Ratings published its latest report on the impact of the Chinese economic slowdown on the banks in the Asian developed markets, including Hong Kong.

Key Findings:

China slowdown would hit banks in Asian developed markets most.

Outside of mainland China, Hong Kong banks have the most direct exposure to a Chinese slowdown.

Cuts assessment of the operating environment for Hong Kong’s banks to 'A'/Stable from 'A+'/Negative in 2018.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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