Hong Kong has maintained its “AAA” rating since it was first assigned in 2010, because the city’s economic, financial and governance systems were still separate and very different from the rest of China, in line with the “one country, two systems” framework, S&P said. Photo: Bloomberg

Hong Kong keeps S&P’s top ‘AAA’ rating despite Moody’s cut

Rating reflects the views there are still traditions that are distinct to Hong Kong and not mainland China, according to S&P Global Ratings

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Hong Kong has maintained its “AAA” rating since it was first assigned in 2010, because the city’s economic, financial and governance systems were still separate and very different from the rest of China, in line with the “one country, two systems” framework, S&P said. Photo: Bloomberg
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