Moody’s lowers ratings for MTR Corporation and KCRC due to gov’t links

Moody’s Investors Service on Monday downgraded from stable to negative its outlook for the MTR Corporation Limited, MTR Corporation (C.I.) Limited, and Kowloon-Canton Railway Corporation. The rating action follows Moody’s similar downgrading on March 12 of its outlook for the Hong Kong SAR Government. ALSO ON HKFP Factwire: CCTV installed in classrooms at two Hong … Continue reading Moody’s lowers ratings for MTR Corporation and KCRC due to gov’t links