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Wynn Macau Ltd

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  • SHANGHAI, Nov 5- Shares in Hong Kong fell on Wednesday on signs that China's economy continued to lose momentum heading into the fourth quarter, and as slumping revenues hit Macau casino shares. A series of official and private surveys in recent days have highlighted the risks to China's economy, putting Beijing's official 7.5 percent growth target for the year...

  • SHANGHAI, Nov 5- China shares fell on Wednesday due to profit-taking, but energy-related shares limited falls after the country's power authority said work had started on an ultra-high voltage power project. "The index is adjusting, it faces profit-taking pressures," said Wang Weijun, analyst at Zheshang Securities in Shanghai, adding the index was expected to...

  • *China encourages infrastructure firms to invest overseas. SHANGHAI, Nov 4- China shares were flat on Tuesday morning after a five-day rally as profit taking capped gains in engineering and machinery companies, which rose after Beijing encouraged infrastructure firms to invest abroad. Shares in infrastructure firms were the biggest gainers, with market...

  • HONG KONG, Nov 4- October was the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October was also the fifth consecutive month of declines after two years of rapid growth which saw Macau surpass Las...

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • HONG KONG, Nov 3- October is set to be the worst month on record for casino revenues in the world's biggest gambling hub Macau as China's pervasive war on corruption, combined with fewer tourists and slowing economic growth, dampen the appetite to wager. October would also be the fifth consecutive month of declines after two years of rapid growth which saw Macau...

  • *Hong Kong indexes head for best month since July. *Mengniu rises after Danone's investment in Yashili. HONG KONG, Oct 31- Shares in Hong Kong and mainland China markets rose on Friday, helped by strength in most heavyweight stocks as investors bet that China's government will roll out more support measures for the economy.

  • Hong Kong shares gain on Fed hopes, casino stocks jump Wednesday, 29 Oct 2014 | 4:07 AM ET

    HONG KONG, Oct 29- Hong Kong shares rose, tracking strength in China markets, on anticipation the Federal Reserve later on Wednesday will reinforce signals that it could be a long time before U.S. interest rates rise. The Hang Seng Index unofficially closed up 1.3 percent at 23,819.87 points in its highest close since Sept. 24, while the China Enterprises Index of...

  • *Hong Kong gambling shares up after Wynn Macau earnings. HONG KONG, Oct 29- China and Hong Kong shares rose more than 1 percent on Wednesday, heading for a second straight day of gains, on hopes of more favorable policies from the Chinese government, with tranportation stocks leading gains for mainland equities. In Hong Kong, the Hang Seng Index advanced 1.4 percent...

  • HONG KONG, Sept 19- Hong Kong shares had solid rises on Friday, after Alibaba Group's red-hot initial public offering underpinned U.S. bourses, but they were still down for for the week. HSBC Holdings, top boost on the Hang Seng, added 1.7 percent to a seven-month high and Standard Chartered rose 0.9 percent.

  • China shares rise on strong banks, Hong Kong slips again Thursday, 18 Sep 2014 | 12:50 AM ET

    HONG KONG, Sept 18- China shares extended gains on Thursday morning bolstered by a leap in bank and brokerage stocks, while the Hong Kong market dipped back into the red as economic worries prevailed. "For Hong Kong, the negative impact mainly comes from the Chinese economy," said Linus Yip, strategist at First Shanghai Securities.

  • *Macau gaming sector weak ahead of August data. HONG KONG, Sept 1- Chinese shares rose on Monday, with defence and media names leading the gains, shrugging off a lower-than-expected official Purchasing Managers' Index that added to signs of softness in the economy. The China Enterprises Index of the top Chinese listings in Hong Kong was off 0.3 percent.

  • Time to drop your bets on Macau? Sunday, 17 Aug 2014 | 6:23 PM ET
    A croupier deals a card on a blackjack table at a Gaming Partners International (GPI) booth at the Global Gaming Expo (G2E) inside the Venetian Macao resort and casino, operated by Sands China Ltd., a unit of Las Vegas Sands Corp., in Macau, China, on Tuesday, May 20, 2014.

    Investors wondering if it's time to cash out on their investments in Macau would be best advised to take their chips off the table.

  • Hong Kong, China shares soften amid corporate earnings Thursday, 14 Aug 2014 | 12:52 AM ET

    HONG KONG, Aug 14- Hong Kong and China shares eased in choppy trade by midday on Thursday, with a few heavyweight companies that reported corporate results dominating index movements. The China Enterprises Index of the top Chinese listings in Hong Kong slipped 0.4 percent.

  • HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.

  • *Sands China down to 3- week low as Q2 earnings disappoint. *PetroChina drops after report on detention of two executives. HONG KONG, July 17- China shares slid on Thursday, pulling down Hong Kong markets, as investors moved from blue-chips to some beaten-down growth stocks and keep money aside for new initial public offerings.

  • HONG KONG, July 14- Hong Kong shares rose on Monday with China's three state-owned wireless carriers leading gains, while mainland markets were also stronger as auto stocks extended their advance on new policy support. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each added 0.4 percent.

  • Investors turning cautious on Wynn Macau  Sunday, 13 Jul 2014 | 11:22 PM ET

    Jackson Wong, Vice President of Tanrich Securities, attributes its hold rating on the stock to the recent land deal probe and the bearish outlook of Macau's gaming sector.

  • Hong Kong shares end flat, casinos renew slide Tuesday, 8 Jul 2014 | 4:12 AM ET

    HONG KONG, July 8- Hong Kong shares finished flat on Tuesday, as gains in utilities offset losses in Macau casino stocks on concerns that revenues would suffer as gamblers focused on the final week of the World Cup. Among Macau gaming stocks, Galaxy Entertainment Group shed 2.7 percent and Wynn Macau 1.4 percent.

  • Hong Kong shares also edged lower, with the Macau gaming sector extending losses as revenue remained sluggish during the first week of July. The China Enterprises Index of the top Chinese listings in Hong Kong was flat.