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Moody’s upgrades several Hong Kong financial institutions

July 27th, 2007

Moody’s Investors Service has upgraded long term foreign currency deposit ratings to Aa2 from Aa3 for several Hong Kong financial institutions.

They are Hongkong and Shanghai Banking Corp. Limited (”HKBK”), Hang Seng Bank Limited (”HSB”), Bank of Tokyo-Mitsubishi UFJ HK branch, and Mitsubishi UFJ Securities (HK) Capital, Ltd.

– www.theasianbanker.com (July 27 2007)–

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