Rise in Macau visitors lifts Sands China, Melco shares

Business | 11 Feb 2019 1:37 pm

Shares of casino stocks gained today in Hong Kong after the Macau Government Tourist Office said mainland visitor arrivals climbed by 25.6 percent during the Lunar New Year break.

Sands China (1928) jumped by 1.44 percent to HK$38.85 and Melco International Development (0200) added 1.22 percent to HK$18.28.

Also, shares in two mainland Internet firms that listed with weighted voting rights structures, recovered. Xiaomi (1810) surged by 5.46 percent to HK$10.82, while Meituan Dianping (3690) went up by 5.44 percent to HK$61.05 in the morning session.

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