Macau Business Daily, Nov 25, 2014

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MOP 6.00 Closing editor: Luís Gonçalves Publisher: Paulo A. Azevedo Number 674 Tuesday November 25, 2014

Retailers optimistic about Q4 M

Year III

acau retailers are optimistic about Q4. Some 27 percent are even anticipating increased sales compared to Q3. Quite a contrast. Retail sales in Q3 dropped 3 percent. But optimism has returned. Two-thirds predict stable prices in Q4. While a quarter anticipate an increase. Chinese food products, footwear and household appliances were the items that flew off the shelves fastest in the last quarter PAGE China Star sells land near Lan Kwai Fong

Chinese visitors up 20 percent

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MGTO pays MOP3 million for kiosks in HK PAGE 5

More mainlanders are favouring Macau. Some 20 percent more Chinese tourists arrived in October. That’s 1.82 million visitations. Or 70 percent of all visitors. Meanwhile –except for Singapore and India – both short-haul and long-haul visitor statistics declined

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Macau Pass on to a winner

A bit more effort

A customised Macau Pass for tourists. All will be revealed next month. The special cards mean convenience for tourists plus discounts. Stella Lei, head of Macau Pass Consumer Business, said their business model means they have to be increasingly creative

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www.macaubusinessdaily.com

Sing Hou seeks HK listing

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Macau signs tax info-sharing agreement with US PAGE 2

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HSI - Movers November 24

Chan Meng Kam is not happy. Air Macau is failing in its responsibility, the legislator says. The sole franchised airline based in Macau should break new ground and establish an airline network. Despite the city signing agreements for bilateral flights with 48 countries, the company has only routes to seven, Mr. Kam said

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Name

%Day

China Overseas Land

11.03

China Resources Land

10.36

China Life Insurance

8.48

China Resources Powe

5.64

Ping An Insurance Gr

5.45

Hong Kong & China Ga

0.00

Power Assets Holding

-0.14

Belle International

-0.21

China Mengniu Dairy

-0.48

Tingyi Cayman Island

-1.18

Source: Bloomberg

It’s catching. Yet another local VIP gaming operator is seeking a listing. The Hong Kong Stock Exchange remains attractive. Despite dramatically slowing gaming revenues in Macau in recent months

I SSN 2226-8294

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Clean cut

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Friday’s PBOC interest rate cut came as a surprise. Provoking all kinds of reaction in the financial system. Gurus say the move will shrink shadow banking and curb bad loans

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2014-11-25

2014-11-26

2014-11-27

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20˚ 25˚

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