Global rating agencies Fitch, S&P and Moody’s recently affirmed a “stable” outlook for the Hong Kong Special Administrative Region (HKSAR), highlighting its robust economic fundamentals amid rising global uncertainties. S&P and Moody’s upheld their AA+ and Aa3 ratings, citing the region’s substantial fiscal buffers, healthy foreign exchange reserves, strong external balance sheet and high per capita income.
Notably, Moody’s upgraded its outlook from “negative” to “stable,” underlining HKSAR’s resilient credit profile despite global trade tensions and slower trade growth. “This is a vote of confidence in Hong Kong’s status as an international financial center,” said Lin Jian, spokesperson of the Chinese foreign ministry.
Lin added that China’s ongoing high-quality development drives fresh momentum for Hong Kong’s growth. “We are confident about Hong Kong’s prospects and welcome enterprises from all countries to invest in Hong Kong and share in its prosperity,” he said.
Paul Chan Mo-po, the region’s financial secretary, praised the stable outlooks as proof of HKSAR’s economic and financial strength. In a social media post, Chan highlighted the city’s achievements in attracting investment and the positive expectations international capital holds for its financial market.
As global headwinds persist, HKSAR’s affirmed credit ratings send a powerful signal: the region remains a resilient hub for finance and business, ready to navigate uncertainty and seize new opportunities.
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HKSAR's credit ratings demonstrate its economic resilience: MOFA
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