Fitch Ratings has revised the Outlook on ratings of Alibaba ...

Spinee shared · Apr 17 21:56

Fitch Ratings has revised the Outlook on ratings of Alibaba Group Holding Limited $BABA-SW(09988.HK)$ and Tencent Holdings Limited $TENCENT(00700.HK)$ to Negative from Stable, following the revision in the Outlook on the Chinese sovereign to Negative.

Spinee: China's MOF responds to Fitch's outlook revises:

$Alibaba(BABA.US)$ $Tencent(TCEHY.US)$ $Hang Seng Index(800000.HK)$ $KraneShares CSI China Internet ETF(KWEB.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$ $NASDAQ Golden Dragon China(.HXC.US)$

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