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Fitch: Hong Kong's role in global finance remains intact despite months of protests | Malay Mail

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HONG KONG, Dec 12 ― 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 today. However, the rating agency added that the prolonged protests are...

Thursday, 12 Dec 2019 01:54 PM MYT

HONG KONG, Dec 12 ― 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 today. The Chinese-ruled city has seen more than six months of anti-government demonstrations sparked by a controversial and now-withdrawn extradition Bill. The often violent protests have morphed into calls for greater democratic freedoms and an end to alleged mainland Chinese meddling in the semi-autonomous former British colony.

The latest protests began in March amid fears that Beijing is eroding the autonomy granted to Hong Kong when it was handed back to China in 1997. China has denied the charge of meddling and said Hong Kong is an internal affair.

 

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