S&P cuts Hong Kong to AA+ from AAA; Outlook Stable

Dhwani Mehta FXStreet

The US-based ratings agency, Standard and Poor’s (S&P) downgrades Hong Kong’s credit ratings, following a cut in China's credit ratings announced a day before.

Key Details:

S&P cuts Hong Kong to AA+ from AAA; while raises the Outlook to Stable from Negative

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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