Cuts to Hong Kong and China’s credit ratings by Moody’s Investor Service failed to dampen strong sentiment in the city on Thursday. Torrential downpours lashed Hong Kong on Wednesday, triggering the first black rain-storm warning of the year. Photo: Anthony WALLACE

Hong Kong, China stocks higher Thursday, ignoring Moody’s ratings cut

Officials rebuff the downgrades, while analysts expect limited impact on financial markets. Hang Seng closes 0.8pc higher for the day

Topic |   A-shares

TOP PICKS

Cuts to Hong Kong and China’s credit ratings by Moody’s Investor Service failed to dampen strong sentiment in the city on Thursday. Torrential downpours lashed Hong Kong on Wednesday, triggering the first black rain-storm warning of the year. Photo: Anthony WALLACE
READ FULL ARTICLE