Macau Business Daily, Nov 19, 2014

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MOP 6.00 Year YearIIIIII Number Number 669 638 Wednesday Monday October November 6, 2014 19, 2014 Publisher: Publisher: Paulo Paulo A. Azevedo A. Azevedo Closing Closing editor:editor: Luis Gonçalves Sara Farr

Lopsided link highlights Chinese rejection of HK stock icons > PAGE 8

6 companies bid for four 4G licences W

e’ll call you. Six companies have submitted bids to Macau’s Telecommunications Regulation Bureau. Four licences are available for 4G wireless services from 2015. CTM, China Telecom, Hutchison and SmarTone are known quantities. Dark horses China Mobile Hong Kong and newbie China Mobile Hong Kong have also thrown their hats in the ring. Investment will be high and there’s already talk of sharing infrastructure costs. There’s a possibility of a fifth licence in two years Page

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SMEs treading water SMEs are fighting back. They’ll match inflation, local trade associations say. Daniel Iong, vice-president of Macau Small and Medium Enterprises Association, says employees can expect a 5-6 percent hike post-CNY. The Association has 600 member companies; primarily engaged in retail, manufacturing, F & B, and construction

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HSI - Movers November 18

Name

%Day

China Mobile Ltd

1.27

China Merchants Hold

0.78

COSCO Pacific Ltd

0.76

Hengan International

0.36

Swire Pacific Ltd

0.19

Galaxy Entertainment

-3.00

China Resources Ente

-3.08

Sands China Ltd

-3.17

Kunlun Energy Co Ltd

-3.22

Li & Fung Ltd

-3.78

Source: Bloomberg

I SSN 2226-8294

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Glass now half full Investors are back. Hoping to pick over casino stocks currently ‘very high’. Morgan Stanley says they’ve rebounded 14 percent since October. Galaxy and Sands China lead the hike, with stocks rising 18 percent. Although clouds remain on the horizon, spirits are up. With all eyes on the new projects. A recovery is expected in the second half of 2015 Pages

www.macaubusinessdaily.com

Business Oscars 42 candidates. 30 judges. 10 awards. One great occasion. All eyes on Friday’s Business Awards of Macau. The business elite gather at Grand Lisboa’s Grand Ballroom that evening to honour those honouring Macau. And in so doing “We want to recognise the commitment of the companies, corporations and individuals to Macau and to their own ideas and identity,” say the organisers.

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Straw houses Central government action proved to be weak. China’s home prices fell again in October. While construction still slows, the service sector gets US$53.1 billion in FDI

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Foreign casino operators have invested big in Macau Page 7

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