S&P Global Ratings

S&P Global Ratings is an American credit rating agency. It is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. It publishes financial research and analysis on stocks, bonds, and commodities.

Commercial real estate downturn spreads to banks

Post-pandemic recoveries in HK and the mainland were weaker than expected. 

MTR Corp. records low property cash since 2017

S&P expects property development cash inflows to reach $1.5b to $2b yearly.

HK retail landlords boost investments amidst sector downturn

They are enhancing malls through marketing, renovations, and amenities like pet-friendly spaces.

HK insurers may need capital boosts due to new rules

The new regime could be costly for insurers.

HK’s economic growth to moderate to 2.5% in 2024: S&P Global

The per capita real GDP is forecasted to rise by 2.2% annually during 2025 to 2027.

Home prices expected to decline in 2024: report

The city's property sector is also expected to face a gradual tightening of funding until prices stabilize in 2025.

Hong Kong's office landlords resilient amidst tough market conditions: report

S&P believes office landlords will still have relatively low gearing even if fair value drops by another 30%.

Hong Kong life insurance market to improve in two years: S&P

The life segment is predicted to jump by 20% o 25% in 2023.

Residential property prices to rebound by  5%-8% in 2023

S&P Global cited China’s reopening as one of the reasons for its revival. 

Banks’ credit losses to revert to pre-COVID levels ahead of end-2022

It will likely decline faster, in light of the anticipated strong economic growth in the city.

Online brokerage Futu secures “BBB” S&P rating

It is the first online brokerage in Asia Pacific to obtain an international rating.