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Moody's downgrades Hong Kong's rating, citing the government's 'slow' response to protests

Business Insider Monday, 20 January 2020
Moody's downgrades Hong Kong's rating, citing the government's 'slow' response to protests· *Moody's cut Hong Kong's credit rating from Aa2 to Aa3, citing the city's lack of "effective response" to nine months of protests against China. *
· *The move by Moody's follows an earlier downgrade from Fitch ratings in September last year.*
· *However, the ratings agency changed the outlook from negative to stable.*
·...
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News video: Hong Kong protests: Several arrested as demonstrators defy ban

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Tear gas and violence in Hong Kong as thousands defy a police ban on protest marches.

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