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Moody's Downgrades Outlook for Major Chinese Firms: Potential Impact on Stock Investments

Yesterday, Moody's announced a negative shift in its outlook for a considerable number of leading Chinese companies listed in Hong Kong. This change could potentially disrupt China's strategy to incorporate more stock investments into its social security funds.Following the downgrade of China's rating outlook, Moody's adjusted the outlook to negative for 22 local government financing vehicles, 18 ...
2023-12-07

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