Central Hong Kong and the IFC tower seen from the Avenue of Stars in Tsim Sha Tsui.
(Photo by Marc Fernandes/NurPhoto via Getty Images)Asia-Pacific markets are set to extend losses Thursday tracking Wall Street's selloff after ratings agency Fitch downgraded the United States' long-term credit rating from AAA to AA+.
In Asia, investors will be watching the Caixin survey for China's service sector activity in Juy.
Futures for Hong Kong's Hang Seng index stood at 19,403, pointing to a weaker open compared to the HSI's close of 19,517,38.
In Australia, futures for the S&P/ASX 200 were at 7,241 compared to the last close of 7,354.6.
Persons:
Marc Fernandes, Fitch
Organizations:
IFC, Tsim Sha Tsui, Getty Images, United, AAA, AA
Locations:
Hong Kong, Tsim Sha, Asia, Pacific, United States, 19,517,38 . Hong Kong, Chicago, Osaka, Australia