Fitch: China slowdown would hit banks in Asian developed markets most

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The US-based Fitch Ratings published its latest report on the impact of the Chinese economic slowdown on the banks in the Asian developed markets, including Hong Kong.

Key Findings:

China slowdown would hit banks in Asian developed markets most.

Outside of mainland China, Hong Kong banks have the most direct exposure to a Chinese slowdown.

Cuts assessment of the operating environment for Hong Kong’s banks to ‘A’/Stable from ‘A+’/Negative in 2018.

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