Anti-government protesters react to tear gas in Wan Chai following a rally in defiance of the anti-mask law issued by the government on October 5, 2019. The months-long protests have hit Hong Kong’s economy hard. Photo: Sam Tsang

Moody’s unlikely to downgrade ratings of Hong Kong banks as they remain ‘resilient’ in face of protests

  • Hong Kong lenders collectively have a ‘strong balance sheet’, Moody’s says
  • Banks could see some pressure on profits, asset quality as economy weakens
Topic |   Banking & Finance

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Anti-government protesters react to tear gas in Wan Chai following a rally in defiance of the anti-mask law issued by the government on October 5, 2019. The months-long protests have hit Hong Kong’s economy hard. Photo: Sam Tsang
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