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

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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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