[Moody’s Cuts Outlook for Chinese Banks, Hong Kong, LGFVs] Just a day after Moody’s Investors Service unveiled a bearish stance on China’s sovereign bonds, the ratings company cut its outlook for eight Chinese banks to negative from stable. On Wednesday, Moody’s also cut its outlook on Hong Kong and Macau and placed 26 Chinese local government financing vehicles on review for downgrade. $HSI(HSI)$
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I want to know if A shares will plummet because of this?
Is Moody's latest move really objective?
It seems I need to stay away from this financial market
Shorting HSI should be a good choice
Fortunately I didn’t buy HSI hahaha