News: Galaxy Entertainment Group Limited (0027.HK)

0027.HK on Hong Kong Stock

3.37HKD
11 Dec 2009
Price Change (% chg)

HK$-0.02 (-0.59%)
Prev Close
HK$3.39
Open
HK$3.41
Day's High
HK$3.46
Day's Low
HK$3.36
Volume
3,857,061
Avg. Vol
6,427,086
52-wk High
HK$4.05
52-wk Low
HK$0.72

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Mon, Nov 30 2009

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Casino party loses fizz, Sands China falls on debut

HONG KONG (Reuters) - Sands China's weak debut in Hong Kong on Monday signals fading investor appetite for a casino company with a high valuation and an uncertain outlook, and cooling interest in what has been a red-hot sector.

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UPDATE 4-Casino party loses fizz, Sands China falls on debut

* Increased competition, Wynn Macau performance weigh (Adds quote from CEO, updates stock price)

Update 2-Sands China raises $2.5 bln, low end of range

* Sands China EV/EBITDA valuation, 13.5 times '10 earnings (Adds quote, details, background)

Sands China IPO seen a pricey bet

HONG KONG (Reuters) - Investors who missed out on Wynn Macau's recent IPO will have another chance with Sands China's initial public offering, but the stock could be a riskier bet given Sands' uncertain outlook and rich valuations.

PREVIEW-Sands China IPO seen a pricey bet

* Sands China IPO pricing expected Saturday; listing Nov. 30

PRESS DIGEST - Hong Kong - Nov 19

HONG KONG, Nov 19 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy. SOUTH CHINA MORNING POST

HK shares down, banks lead losses; China retreats

* China shares ease; consumer sector shines (Updates to close)

Hong Kong shares down, banks lead losses; China up

* China shares rise with the consumer sector strong (Updates to midday)

Galaxy ups budget 40 pct for mega-resort in Macau

HONG KONG, Nov 12 (Reuters) - Galaxy Entertainment , one of six gambling license holders in the Chinese enclave of Macau, has raised the estimated cost of its mega project in the emerging Cotai Strip by 40 percent, media said on Thursday.

HK stocks seen rangebound; HSBC, SMIC in focus

HONG KONG, Nov 11 (Reuters) - Hong Kong stocks are expected to trade in a narrow range on Wednesday, helped by stronger overseas markets, but concerns about steep valuations following a three-day rally may keep trade subdued.

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