Moody's has cut its credit rating for Hong Kong, hours after downgrading China for rising debt levels, which it said would have "significant impact" on the Asian financial hub because of their close links. Photo: AP

Hong Kong dollar fluctuates after Moody’s cuts city’s credit rating

Agency cites the impact of China’s worsening debt outlook, but Chinese yuan rebounds in Shanghai, despite also having its rating cut

Topic |   Currencies

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Moody's has cut its credit rating for Hong Kong, hours after downgrading China for rising debt levels, which it said would have "significant impact" on the Asian financial hub because of their close links. Photo: AP
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