Following Fitch, S&P Global Ratings and Moody's also announced yesterday (27th) that they would maintain Hong Kong's 'AA+' and 'Stable' rating outlooks respectively. Moody's affirmed Hong Kong's Aa3 credit rating, meanwhile upgrading the rating outlook from Negative to Stable.

Amid increasing global economic and financial uncertainties, the resilience of Hong Kong's economic and financial systems are more pronounced, Financial Secretary Paul Chan said.

Hong Kong's credit profile, including its substantial fiscal buffers and foreign exchange reserves, a strong external balance sheet and high per capita income levels, support the positive evaluations of Hong Kong, Chan noted.

Chan believed that Hong Kong's financial market will continue to thrive, with significant achievements in attracting investment, reflecting international capital's confidence and positive expectations for Hong Kong.

The efficient and flexible policy measures of the Hong Kong government, along with Hong Kong people's adaptability, enable everyone to seize new opportunities amid challenges and drive better development.

The steady development of the national economy is one of the important sources of global growth, and provides greater development opportunities and momentum for Hong Kong, allowing Hong Kong society and economy to reach higher levels.

Recent data fully demonstrates that Hong Kong's financial system remained robust, with continuous growth in bank deposits, active performance in capital markets, and a prosperous IPO market, all of which reflect the confidence of global investors in Hong Kong, a government spokesperson said.