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
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
Mainland real estate developers surged Wednesday amid reports that it may take two years before the proposed property tax could be launched because of the long legislative process involved. Hong Kong ...More
EJ Insight2014-01-22
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 snapped a three-day losing run Friday, helped by a rally in gaming and insurance plays amid choppy trade. The benchmark Hang Seng Index climbed 27 points, or 0.12 percent, to finish t ...More
EJ Insight2013-12-13
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
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
