Why corporates will feel pinch from HK, China downgrades
Corporate treasurers in Hong Kong will watch pricing closely following the Moody's downgrades, though the wider outlook for local corporates is likely to remain robust.
Like mountain climbers roped together, China’s fortunes are now Hong Kong’s. But in a move that could have ramifications for corporate treasurers and their pricing strategies, Hong Kong’s credit rating has followed China’s downward.
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