The ground is shifting for Macau casino empire SJM Holdings Ltd. (00880.HK). The company has revised up the cost estimates for its new integrated Cotai resort, SJM’s first foothold in the area. Breaki ...More
EJ Insight2014-02-14
Following is a summary of major news and comments in the Hong Kong Economic Journal, the parent publication of EJ Insight, on Friday, Feb. 14: TOP STORIES SJM raises investment in Cotai project to HK$ ...More
EJ Insight2014-02-14
SJM Holdings Ltd. (00880.HK) has revised the construction cost of its new integrated resort in Macau's Cotai area to HK$30 billion (US$3.85 billion), chairman Ambrose So said on Thursday. The budget h ...More
EJ Insight2014-02-13
Hong Kong's benchmark Hang Seng Index closed 146 points or 0.64 percent higher Friday on the back of heavyweight blue chips Galaxy Entertainment (00027.HK) and Tencent (00700.HK). It gained 1.25 perce ...More
EJ Insight2014-01-17
General calm prevailed on the Hong Kong stock market Tuesday, although Macau gaming plays rode high again after Morgan Stanley and Citigroup both raised outlooks for the sector's revenue growth as wel ...More
EJ Insight2014-01-07
Investors piled into Macau casino operators, pushing five out of six gambling plays to new highs on Tuesday after Citibank estimated that December gaming revenue in Macau will be 15 percent higher tha ...More
EJ Insight2013-12-17
Hong Kong stocks extended their slide into a second day Thursday, weighed on by mainland banks disheartened by the central bank's decision to suspend its open market operations this week. The Hang Sen ...More
EJ Insight2013-12-12
Sands China Ltd. (01928.HK) and Galaxy Entertainment Group Ltd. (00027.HK) are the top investment choices among the six Macau gaming operators due to their large scale and strong service culture, acco ...More
EJ Insight2013-12-04
Ambrose So Shu-fai, chief executive of SJM Holdings Ltd. (00880.HK), said the mainland’s new tourism law appears to have no impact on Macau's gaming sector as the number of mainland customers in the t ...More
EJ Insight2013-10-04