(Beijing Comprehensive News) After Moody's Moody's Moody's recently lowered China's sovereign credit rating outlook, it also reduced the eight major banks of China to rating outlook, further reflecting the market's concerns about China's economic prospects.

According to Bloomberg, Moody's on Wednesday (December 6) issued a statement that the rating of three policy banks and five large state -owned commercial banks from China and five large state -owned commercial banks was reduced from "stable" to"Negative".

These banks include China Agricultural Development Bank, National Development Bank, China Import and Export Bank, Agricultural Bank of China, Bank of China, China Construction Bank, Industrial and Commercial Bank of China and China Postal Savings Bank.

Moody's also lowered the rating prospects of 18 Chinese companies including Alibaba and Tencent, as well as the rating outlook of 26 local governments financing platforms and four state -owned enterprises, and included all 30 companies into the "relegation relegationExamine list.The rating outlook for Hong Kong and Macau is also lowered.

Moody's pointed out that the government's support for financial difficulties may become more selective, which will increase the long -term risks of state -owned enterprises and local governments.Moody's Vice President and Senior Analyst David said that the changes in bank rating outlook also reflect the slowdown in the continuous slowdown in the mid -term economic growth and the increase in the risk of shrinking the real estate industry.

In addition to the Chinese market, Moody's performance is also cautious about the future performance of the global banking industry.The report pointed out that in 2024, the global banking industry rating outlook generally faces downward risks, including the slowdown in global economic growth, risk of loan default risk, and pressure on bank profitability.

The

Report mentioned that the previous interest rate hikes and unemployment rates of central banks in various countries are expected to affect the quality of assets. The risk of the European and American real estate market will rise, and the pressure on some real estate markets in the Asia -Pacific region will continue.Although the central banks of various countries may cut interest rates next year, the tense funds will further limit economic development.High -funded costs, slowdown in loan growth and increasing breach of contract reserves may also compress bank profit margins.However, the financial status of the overall bank is expected to remain stable.

According to the British Financial Times, Moody's impact on rating adjustment may also have concerns.Some employees have revealed that the company recommends that Chinese employees work at home before announced their rating, and require Hong Kong employees not to go to the mainland for the time being.Moody's refused to comment on this.