S&P also lowered its ratings on three foreign banks that operate in China – HSBC China, Hang Seng China and DBS Bank China. Photo: AFP

S&P’s Hong Kong credit downgrade to raise financing costs, say analysts

Topic | Banking & Finance

SCMP

Published: 11:20am, 22 Sep, 2017

Updated: 2:55pm, 20 Jul, 2018

S&P also lowered its ratings on three foreign banks that operate in China – HSBC China, Hang Seng China and DBS Bank China. Photo: AFP

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