Casino stocks in Macau have surged following the announcement of new legislation in the Chinese enclave. A Bloomberg Intelligence gauge of casino shares jumped as much as 12% on Monday, the most in more than six years. Wynn Macau , Sands China and Galaxy Entertainment Group each posted double-digit gains.
Macau casino shares hit highest in six years after favorable new gaming legislation comes via ChinaTechNews.com.
US farmers plant more soya than corn for first time since 1983
Taomee Enters Definitive Agreement To Be Taken Private In $134M Deal
Hostility to US unites Russia and China
China’s Mengniu To Establish JV With American Dairy Company
IDG, SIG Asia Leads $110M Funding Round In P2P Firm 9fbank
Tokyo stocks gain ground as China stumbles
Chipmaker Skyworks Solutions falls on dour first-quarter forecastHermès sales growth picks up amid ‘favourable winds’ in ChinaChina commercial banks’ net forex sales top $111bn in 2017
Michele Wucker explains “Gray Rhinos”