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Hong Kong falls beyond 2%, leading losses among major markets following Moody's downgrade

Stocks in Hong Kong led losses regionally among major Asian markets on Tuesday after ratings agency Moody’s cut its rating for the city to Aa3 from Aa2 on Monday. The Hang Seng index in the embattled city fell 2.29% by the afternoon, with shares of life insurer AIA plunging beyond […]

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