What did Paul Cheng, the financial secretary, assert about Hong Kong's banking system?
We See the Rising Risk of Protests in Hong Kong, Says Moody’s Petch

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Banks are undercapitalized.
The banking system is unstable.
There is a significant outflow of funds.
Banks are well capitalized with no significant outflow.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary concern of Moody's regarding the recent protests in Hong Kong?
The protests may erode Hong Kong's institutional strengths.
The protests have no impact on Hong Kong's economy.
The protests will lead to a financial boom.
The protests are beneficial for Hong Kong's image.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could potentially put Hong Kong's AA2 rating at risk?
A decrease in global trade.
A rise in foreign investments.
A persistence of protests damaging institutional strengths.
An increase in tourism.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Hong Kong financial sector respond to the downgrade?
By emphasizing the stability and sound liquidity management.
By predicting a financial crisis.
By stating that the link rate exchange system is malfunctioning.
By agreeing with the downgrade.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the long-term challenges Hong Kong faces according to the transcript?
Increasing government debt.
Lack of foreign exchange reserves.
Aging population and demographic change.
Decreasing fiscal reserves.
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