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Hong Kong Stocks Fall to Their Lowest Level since July, Due to Macau Casino Revenue Drop

Hong Kong Stocks Fall to Their Lowest Level since July, Due to Macau Casino Revenue Drop

Monica E. February 20, 2014 14:11:32

Profit growth for Macau’s casino resorts has slowed down significantly, causing stocks to plummet. With Macau’s casino gambling industry and property developers showing signs of a slowdown, Hong Kong stocks saw a significant drop at the beginning of this month. In fact, they reached their lowest level since last July. Plunging more than 7%, Galaxy […]