MOP 6.00
Gucci sales in HK and Macau remain weak
Closing editor: Luís Gonçalves
Page 5
Hengqin mulling shorter ‘negative list’ Page 3
Lippo, HKC complete share disposal of Macau Chinese Bank
Guangdong-Macau Branded Products Fair eyes Chinese market Page 2
Year IV
Number 845 Wednesday July 29, 2015
Publisher: Paulo A. Azevedo
Page 5
Society’s
Shame
Human trafficking. Macau has its fair share. Primarily a destination rather than a source, says a U.S. report. The MSAR has made ‘significant efforts’ but falls short on victim protection. The U.S. State Department’s Office for Monitoring and Combating the Trafficking in Persons says this is because the gov’t does not fully comply with international standards. Prosecution, as well as protection, are identified as the city’s primary weaknesses
July 28
Name
%Day
China Resources Enter
+2.94
CNOOC Ltd
+2.67
AIA Group Ltd
+2.65
PetroChina Co Ltd
+2.01
Slowing but still sliding
China Mengniu Dairy C
+1.94
Swire Pacific Ltd
-0.96
Lenovo Group Ltd
-1.26
Month-end means prediction time. Sterne Agee CRT predicts a 35 pct drop in gaming revenues for July. Down on its previous estimate of 32.5 pct. If confirmed, it would mark the fifth consecutive ‘less bad’ month in y-o-y growth results. A trend, it is believed, that could continue through the remainder of the year
China Overseas Land &
-1.78
Ping An Insurance Gro
-2.44
China Resources Land
-2.73
Page
3
Source: Bloomberg
I SSN 2226-8294
Page 6
Oiling the wheels Blue Card holders. Always the touchstone for debate. The number of Blue Card holders in the city, non-resident workers, increased 16.2 per cent y-o-y to 180,523 as at endJune. Mainland China supplied 117,316, while 23,152 Filipino nationals toil here. Construction and hotels & restaurants dominate with a share of around 25 pct each, while domestic helpers account for 13 pct
Page 2
Bus stop sign
Motor vehicle taxation. Last looked at a long time ago. Rapid development now makes it a necessity. The Transport Bureau (DSAT) says revisions will be submitted to the Legislative Assembly in Q3. Tax exempt tourist buses are in the firing line. But Macau Travel Industry Council President Andy Wu Keng Kuong says the expense will only be passed on to tourists. Up to 70 pct of the vehicle’s price comprises tax, he said
Page 4
China www.macaubusinessdaily.com
HSI - Movers
Suspicious Sales The China Securities and Regulatory Commission. It’s investigating Monday’s share dumping. When Chinese markets suffered their worst single-day plunge in more than 8 years. Shares continued falling yesterday while authorities tried to calm the markets
Page 8
2015-7-29
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2015-7-31
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