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Prospect News home > News index > List of issuers H > Headlines for HSBC Bank (China) Co. Ltd. > News item |
Moody’s changes HSBC China view to negative
Moody’s Investors Service said it changed to negative from stable the outlook for HSBC Bank (China) Co. Ltd., as well as for its long-term foreign and local currency issuer ratings.
The change in outlook to negative for HSBC China follows a rating action on its immediate parent, the Hongkong and Shanghai Banking Corp. Ltd. on Tuesday.
HSBC China’s A1 rating incorporate a very high level of support from the parent in times of need.
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