Why S&P rates HK three notches above China

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September 22, 2017

HONG KONG — S&P Global Ratings has affirmed its ‘AAA’ long-term and ‘A-1+’ short-term issuer credit ratings on Hong Kong, but said the rating outlook remains negative, mirroring S&P’s long-term rating on China (AA-/Negative/A-1+; cnAAA/cnA-1+).