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Galaxy Entertainment Group Limited (0027.HK)
- Business Wire
Galaxy Entertainment Group Selected Unaudited Q3 2021 Financial Data
HONG KONG, November 11, 2021--Galaxy Entertainment Group ("GEG", "Company" or the "Group") (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2021. (All amounts are expressed in Hong Kong dollars unless otherwise stated)
- Reuters
Las Vegas Sands faces $12 billion claim in Macau court
U.S. casino giant Las Vegas Sands is facing a $12 billion lawsuit from a former partner in a Macau court, in a case set to shine a light over how coveted casino licenses were awarded in the world's biggest gambling hub two decades ago. Former partner Asian American Entertainment Corporation, headed by Taiwanese businessman Marshall Hao, is seeking damages of around 70% of Sands’ Macau profits from 2004 to 2022. The trial, starting June 16, alleges that Sands breached its contract with Asian American for a casino license in Macau, the only legal gambling destination in China.
- Bloomberg
China Tech Crackdown Cycle Nearing an End, Top Investor Says
(Bloomberg) -- Beijing’s antitrust crackdown on homegrown tech giants may be coming to an end, leaving stock valuations of some of the major firms at attractive levels.That’s the view of Hyomi Jie at Fidelity International Ltd., whose China consumer equity funds oversee $7.3 billion in assets. One has beaten 96% of peers in the past year. Hong Kong-based Jie sold some of her holdings in Alibaba Group Holding Ltd. and Tencent Holdings Ltd. earlier in the year, though they remain among her largest
