News China Macao: Hong Kong stocks waver on China manufacturing slump while HSBC jumps before bullish earnings report
HSBC's first-quarter report card surpasses market expectations as lender resumes quarterly dividend payout as planned Official data show manufacturing in China contracted in April to the lowest since before the reopening late last year Hong Kong stocks erased losses after HSBC surged on the back of a stellar set of earnings. The broader market struggled after a surprise slump in manufacturing in mainland China reignited concerns about an uneven...
News China Macao: MGM China’s Q1 revenue surges 130 pct on positive EBITDAR
Gaming, Macau, MNA, MNA Featured | MGM China Holdings has reported an increase of about 130 per cent in net revenues for the first quarter of 2023 to US$618 billion (MOP4.98 billion)
News China Macao: Chinese tourists flock to gambling hub Macau for Labour Day holiday
By Joyce Zhou MACAU (Reuters) -Hundreds of thousands of mainland Chinese visitors have descended on the world's biggest gambling hub of Macau for the Labour Day holiday, packing tightly into its narrow cobblestone streets and placing bets in its glitzy casinos. The surge in visitors comes after China and its special administrative region Macau lifted strict COVID-19 restrictions in January,
News China Macao: MGM China Reports 2023 First Quarter Financial Data
Market Share Record High of 15.4%Mass GGR New High Reached 107% of 2019 First QuarterHONG KONG, May 1, 2023 /PRNewswire/ -- MGM China Holdings Lim...
News China Macao: Web3 in China: Will it happen, and what form will it take?
Many have doubted China’s appetite to support Web3 due to its preference for centralized systems and its tight regulations on cryptocurrencies.
News China Macao: Tropical Storm Ma-on makes landfall in southern China
Tropical Storm Ma-on has made landfall in southern China’s Guangdong province after bringing rain and stiff winds to Hong Kong, where the stock market was closed for the morning session.
News China Macao: China Asia Storm
In this photo released by Xinhua News Agency, a worker installs a waterproof gate at a store in Macao, China, Thursday, Aug. 24, 2022. A tropical storm was forecast to ...
News China Macao: 10 American Stocks with High Exposure to China
On top of slowing economic growth, China is facing a drought which threatens food production, leading the local authorities and the state to go all out and ensure that the remaining crops survive an extremely...
News China Macao: Beijing to boost casino hub Macau's diversification into financial services with new scheme aimed at attracting foreign investors
Beijing is launching a new scheme in January to attract foreign investors to Macau and for them to use the city as a base for investing in mainland Chinese start-ups and other projects. The plan, ...
News China Macao: 'One Country, Two Systems' in Macao SAR
January 11 marks the 40th anniversary of the "One Country, Two Systems" concept formulated by late Chinese leader Deng Xiaoping in 1982. Initially proposed for the peaceful reunification with China's ...
News China Macao: Beijing Move Seen as Bringing China Into Macao Security Affairs
China’s recently announced decision to appoint an adviser for Macao’s national security matters is an act of China’s “publicized participation into the citys ...