Moody's downgrades Hong Kong outlook to 'negative'

Ratings agency Moody's downgraded its outlook for Hong Kong on Saturday, citing increasing political riskiness and closer economic ties with China, which is facing a growth slowdown. Moody's changed Hong Kong's outlook from "stable" to "negative" as the semi-autonomous city continues to reel from political unease following mass pro-democracy protests in 2014. The city saw violent street clashes between police and protesters last month and the fate of five Hong Kong booksellers who went missing a