Investors gamble on Macau Success

Deutsche Bank completed a HK$405.8 million ($52 million) placement in Macau Success yesterday (November 11). The 317 million new share deal was priced at HK$1.28, representing a 9.8% discount to the stock's HK$1.42 close on Wednesday after which it was suspended. The deal had initially been marketed at a 7% to 18% discount.