Credit ratings agency Moody’s Investor Services changed Hong Kong’s long-term debt outlook from stable to “negative”. Photo: Xinhua

Moody’s ‘negative’ views on Hong Kong are one-sided but we should take heed of their concerns

The value of ratings agencies should not be discounted, even by a city in a very strong financial position that generally does not need to raise money

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Credit ratings agency Moody’s Investor Services changed Hong Kong’s long-term debt outlook from stable to “negative”. Photo: Xinhua
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