MKW Capital Management, an international private-equity fund, is preparing to fire a fresh salvo against the Macau government for losses suffered due to the sudden grounding of budget carrier Viva Mac ...More
EJ Insight2014-03-12
Macau's six casino operators are likely to see their licenses renewed for shorter tenors when they come up for renewal in 2020 and 2022 as China's leaders see the licenses as a leverage over the Unite ...More
EJ Insight2014-02-19
Wynn Macau Ltd. (01128.HK) said its net profit rose 40 percent to US$276 million in the three months to Dec. 31 from a year earlier. Revenue grew 25 percent to US$1.12 billion, it said in a filing to ...More
EJ Insight2014-02-04
China lenders tumbled on Thursday amid news reports that a trust distributed by Industrial & Commercial Bank of China (01398.HK) was on the brink of default, and the bank could assume responsibili ...More
EJ Insight2014-01-23
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
Hong Kong's benchmark index lost its momentum and dropped more than 500 points on Friday, after overseas equity markets performed disappointingly the previous day. The Hang Seng Index dived 522 points ...More
EJ Insight2014-01-03
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
The Hang Seng Index closed lower Tuesday despite a rally in environmental stocks and some positive economic data out of China. The Hong Kong benchmark lost 66 points, or 0.28 percent, to finish at 23, ...More
EJ Insight2013-12-10
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
Banking stocks surged after the People's Bank of China (PBoC) injected 13 billion yuan (US$2.13 billion) into the financial markets via its open market operations Tuesday, easing liquidity tightness. ...More
EJ Insight2013-10-29
