Fitch Ratings has downgraded Hong Kong’s long-term foreign currency issuer default rating.
The global credit rating agency has reduced the Asian financial hub's standing from AA+ to AA.
It comes after more than three months of unrest in the city.
In a statement, Fitch Ratings said Hong Kong’s rating outlook is "negative."

OpenAI defeats Elon Musk's lawsuit, removes obstacle to IPO
Dubai Holding announces Microsoft collaboration ahead of major AI shift
Abu Dhabi Ports Group awarded AED735 million container terminal contracts
Dubai Customs ‘Green Corridor’ handles surge in trade amid shipping disruption
