Tag: Hong Kong

Hong Kong Stocks Trade Near Lowest Versus World Since 2004

(Bloomberg) — Hong Kong stock investors are the worst off in 16 years relative to the rest of the world as concerns mount over the impact of the coronavirus on an economy already reeling from last year’s protests.The Hang Seng Index is near its lowest level relative to the MSCI All Country World Index
— Read on ca.finance.yahoo.com/news/hong-kong-stocks-trading-lowest-235125010.html

Moody’s Downgrades Hong Kong for ‘Inertia’ Over Protests

(Bloomberg) — Moody’s Investors Service lowered Hong Kong’s rating as a long-term issuer of debt by one notch on Monday, just months after Fitch Ratings took a similar action amid political protests.Moody’s cited a degree of “inertia” characterizing the legislative and executive branches of government
— Read on ca.finance.yahoo.com/news/moody-downgrades-hong-kong-rating-131923050.html

Hong Kong enters recession as protests again erupt in flames – Reuters

Hong Kong has fallen into recession, hit by five months of anti-government protests that erupted in flames at the weekend, and is unlikely to achieve any growth this year, the city’s Financial Secretary said.
— Read on www.reuters.com/article/us-hongkong-protests/hong-kong-enters-recession-as-protests-again-erupt-in-flames-idUSKBN1X706F

Hong Kong enters recession as protests again erupt in flames – Reuters

Hong Kong has fallen into recession, hit by five months of anti-government protests that erupted in flames at the weekend, and is unlikely to achieve any growth this year, the city’s Financial Secretary said.
— Read on www.reuters.com/article/us-hongkong-protests/hong-kong-enters-recession-as-protests-again-erupt-in-flames-idUSKBN1X706F