Tag: macau

Cash

HSBC announces Macau payment partnership

Consumers will be able to pay their bills at 7-Eleven outlets in Macau.

By Howard Winn | 25 October 2007

Equities

Equity investors still highly focused on price

Shun Tak Holdings prices its $220 million placement at a 3.6% discount, while Xinyi Glass has to offer a 9% discount to get its $231 million offer out the door.

By Anette Jönsson, Yi Tin Chak | 28 September 2007

View Point

Playing the odds in Macau

Galaxy Entertainment's CFO, Nigel Morrison, discusses the flagship StarWorld property and the company's strategy for capitalising on Macau's booming gaming market.

By Howard Winn | 28 September 2007

View Point

Macau casinos: placing bets on future demand

A week after The Venetian opens, specialists express their views on who will win and who will lose in the competitive Macau gaming market.

By Yi Tin Chak | 5 September 2007

M&A

ICBC buys Stanley Ho's bank in Macau

The Chinese bank pays $590 million to acquire an 80% interest in Seng Heng Bank from Stanley Ho and CEO Patrick Huen.

By Sameera Anand | 30 August 2007

View Point

New casinos boost property prices but undermine table revenues

Morgan Stanley strategist Rob Hart is cautious about Macau gaming stocks.

By Anette Jönsson | 27 April 2007

Equities

Kowloon Development boosts placement by 50%

The acquisitive developer secures $150 million from its fixed-price offer, marking the second Hong Kong placement in three days.

By Anette Jönsson | 18 September 2006

View Point

Macau versus the Las Vegas Strip: which will be the bigger winner?

Can Macau out-Vegas Las Vegas, asks Standard & Poor's.

By Standard & Poor's | 23 June 2006

Equities

Melco taps market for $157 million after three-week placement drought

Share sale follows news on casino JV spin-off and land acquisition which has helped boost the share price by 22% in four days.

By Anette Jönsson | 1 June 2006

Debt

Place your bets: MGM Grand Macau seeks finance

Macau''s fifth casino concessionaire becomes the fourth to seek international capital. Project finance imminent; a listing in Hong an eventuality.

By Nick Lord | 1 June 2005

Equities

Ho and Packer reveal Macau casino plan

Duo acquire rights to a 25-year renewable lease on the Cotai Strip for $214 million.

By Cherie Marriott | 16 May 2005

Equities

Investors gamble on Macau Success

Injection of casino project spurs new placement.

By Jackie Horne | 12 November 2004

Business Moves

Is Macau the true Venice of the East?

Venetian resort''s President, William Weidner talks about why his company is building 60,000 hotel rooms in Macau.

By Steven Irvine | 25 May 2004

Pensions & Insurance

HSBC launches life in Macau

HSBC Life has launched its first two life insurance products in Macau.

By Jonathan Wharton | 20 March 2003

Mutual Funds & Markets

Schroders enters Macau market

Banco Weng Hang to distribute Schroders funds.

By Jame DiBiasio | 18 April 2001

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