Macau business daily, 2015 Jun 24

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MOP 6.00 Closing editor: Luís Gonçalves

DOMAINfest arrives in Macau The city will host the first DOMAINfest in Asia in September. Famous among its peers, the event travelled from the US to Europe. And now it’s Asia and Macau’s turn. Over the years, Domainfests have attracted several high profile guests. Such as Steve Wozniak, co-founder of Apple, Biz Stone, co-founder of Twitter, and social media star Kim Kardashian

Year IV

Number 820 Wednesday June 24, 2015

Publisher: Paulo A. Azevedo

Page 6

The Good Earth When is ‘idle’ land not idle? The majority of the 16 plots of land considered ‘idle’ by the gov’t until recently are linked to some of Macau’s most high profile names. ‘King of Gambling’ Stanley Ho and long-serving lieutenant Ambrose So. Legislators Angela Leong, Chui Sai Cheong and Vitor Cheung Lup Kwan also appear on the list. Melco Crown’s Studio City and Angela Leong’s theme park occupy the largest parcels. While at least two plots are controlled by Sociedade de Turismo e Diversões de Macau (STDM) Pages

Beyond connected Almost here. Most of the city’s telecom operators will launch network coverage to provide fourth-generation wireless (4G) telecommunications services. Beyond 50 pct of the city within this year as required by the gov’t. CTM, China Telecom, SmarTone and Hutchison plan to invest big. A combined MOP1.28 billion within four years to launch services and related upgrades

2&3

Mainland malaise More visitors, but fewer from China. The city saw a marginal in­ crease of 0.9 pct total visitor arrivals in May y-o-y. To nearly 2.55 million visitors. But for the third consecutive month the number of Mainland Chinese tourists declined. A segment responsible for twothirds of all tourist arrivals. Despite the 0.5 pct drop, the territory welcomed 1.69 million Mainland visitors in the period

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HSI - Movers

Sour note

June 23

Back it comes. The Court of Second Instance of Macau has ruled in favour of the gov’t. The plot of land selected for luxury residential project La Scala shall return to gov’t possession. Thus Hong Kong billionaire Joseph Lau loses the land concession. Having been found guilty of bribery and money laundering in relation to the acquisition of this land

Name

%Day

China Resources Powe

+3.83

China Mobile Ltd

+3.15

BOC Hong Kong Holdin

+3.10

Li & Fung Ltd

-0.90

China Construction B

-3.14

Link REIT/The

-4.33

Source: Bloomberg

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www.macaubusinessdaily.com

Moderate tone China’s June factory results. Revealing that the falling pace is moderating. Indicating, in turn, a stabilisation trend that authorities have been seeking via monetary and fiscal tools

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I SSN 2226-8294

2015-6-24

2015-6-25

2015-6-26

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