Hong Kong’s Role in Global Finance Remains Intact Despite Months of Protests: Fitch

Hong Kong’s Role in Global Finance Remains Intact Despite Months of Protests: Fitch
A Star Ferry sails past Hong Kong's business Central district June 18, 2014. Bobby Yip/Reuters
Reuters
Updated:

Hong Kong’s role in global finance is intact, with little evidence to suggest recent protests and social unrest in the city have adversely impacted that role, global credit rating agency Fitch Ratings said on Dec. 12.

However, the rating agency added that the prolonged protests are undermining perceptions that Hong Kong is a stable international business hub and that a weaker view of its governance could impact its credit rating directly.