MOP 6.00 Closing editor: Sara Farr Publisher: Paulo A. Azevedo
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Year III
Number 540 Friday May 16, 2014
TurboJet teaser
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lans are in the pipeline for TurboJet to build on its ferry trip service between Hong Kong and Macau International Airport, a company spokesperson told Business Daily. While the MIA says it has no knowledge of the plan, TurboJet says it’s early days and to watch this space
US wades into junket debacle Golden Week bonus A US trade union has requested Macau’s gaming regulator to review a licence issued to a junket operator. Fingers are pointed at ties to triad members – backed up by 100 supporting documents.
From October 6, casinos will have to implement a full smoking ban on casino mass gaming floors regardless of whether smoke lounges have been installed. The screws are tightening
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Profits soar
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Wynn remains typically confident despite a “softening” in luxury retail sales. All’s well in his mainstream business, he tells shareholders, with Wynn Palace on track and all eyes on Japan Page 5
May 15
Name
%Day
Tencent Holdings Ltd
5.84
Belle International
3.18
Lenovo Group Ltd
2.30
Hutchison Whampoa
1.70
Sun Hung Kai Proper
1.39
China Overseas Land
-1.31
China Resources P
-1.31
Want Want China H
-1.81
China Unicom H K
-1.96
China Resources LanD
-2.75
Source: Bloomberg
I SSN 2226-8294
The local subsidiary of Weng Hang Bank Limited Hong Kong saw a big leap in net profit for 2013. The 330 million-pataca payday was backed by ‘satisfactory growth’ in both loans to clients and deposits. Record growth of 37.5 percent bodes well
Remaining confident
HSI - Movers
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Service with a smile China’s State Council meeting has given full priority to the service sector. The Council wants to speed up the transition from an industrial society to a servicebased one. And it wants to do it now Page 10
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