Macau Seen to Experience Budget Deficit Should Gambling Revenue Fall, Chief Executive Says
Hong Kong stocks have shown unusual movements | Macau Casino stocks continue to decline, MELCO INT'L DEV (00200) fell over 3%, and Morgan Stanley pointed out the short-term downside risks for Macau Casino stocks.
Macau Casino stocks continue to decline. As of the time of writing, MELCO INT'L DEV (00200) is down 3.44% at 3.37 HKD; Sands China (01928) has dropped 2.74% to 12.8 HKD.
The Chief Executive of Macau, Ho Iat Seng, has presented the first policy address during his term, showcasing greater achievements in moderately diversified economic development.
Cen Haohui mentioned increasing efforts in attracting investment, deepening connectivity with Aoqin, promoting the "single license vehicle" from Hongqin northward, expanding government and public service guarantees, and creating an environment similar to that of Macau.
ASIA PIONEER: Annual Report 2024
Macau Gaming Revenue Inches Up in March
Express News | Asia Pioneer Entertainment Holdings FY Gross Profit HKD 23.5 Million
Express News | Asia Pioneer Entertainment Holdings FY Net Income HKD 3.8 Million
Express News | Asia Pioneer Entertainment Holdings FY Operating Expenses HKD 20.3 Million
ASIA PIONEER: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024
Major banks rating | Goldman Sachs: Holds a positive view on the Macau Gambling Industry, with a more favorable outlook for the 2025 fiscal year.
Goldman Sachs released a research report indicating that the stock prices of the Macau gaming industry fell by an average of 7% over the past month, similar to the performance of other travel industry shares, with Sands China experiencing the largest decline, which totaled 15%. This is also consistent with Sands' weaker market share performance compared to expectations in December last year.
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asia pioneer (08400): Jia Shiqi appointed as an executive director.
asia pioneer (08400) announced that Ms. Jia Shiqi (Ms. Jia) has been appointed as an executive director...
Express News | Asia Pioneer Entertainment - Maria Fatima Francisco Freire Garcia Appointed as an Executive Director
Macau Gaming Revenue Rises 15% in August
ASIA PIONEER: Interim Report 2024
asia pioneer (08400) released its interim results, with a net loss of 0.6389 million Hong Kong dollars, a year-on-year narrowing of 91.04%.
Asia Pioneer Entertainment (08400) released its six-month performance report for the period ending June 30, 2024, with revenue of 1991...
Express News | Asia Pioneer Entertainment Holdings H1 Operating Expenses HKD 10.3 Million
ASIA PIONEER: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024