Monday, November 24, 2014   

Macau gaming revenue less than expected
(02-05 19:10)

Macau logged lower gaming revenue than expected in January, prompting sell-offs in gaming stocks.
Galaxy Entertainment (0027) closed 7.3 percent lower to HK$66.25. Sands China (1928) lost 7.4 percent to HK$54.65. Wynn Macau (1128) fell 2.9 percent to HK$32. SJM Holdings (0880) gave up 5.9 percent to HK$22.40. MGM China (2282) ended 4.3 percent lower at HK$28.65.
Gaming revenue of Macau gained only 7 percent in January as compared to a year ago, totaling 28.74 billion patacas. Market expected the total income at 30 billion patacas.
   
Other Business breaking news:
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PBOC to inject liquidity if necessary (11-21 19:03)
China cuts interest rates (11-21 18:41)
Indexes track Connect (11-21 17:35)
ECB chief says will ramp up asset purchases 'without delay' (11-21 17:09)
European stocks rise at open (11-21 16:23)
Hang Seng ends higher (11-21 16:22)
Nikkei closes higher (11-21 15:03)
Nikkei down by break (11-21 11:03)
Taiwan export orders hit record high on iPhone 6 demand (11-20 19:08)

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