Macau Announces Amendments to Gaming Law, Success Global Soars 34%, Legendary 5% | Hong Kong Stock Holding Change

The quarterly results of U.S. financial stocks kicked off last Friday (14th). Financial stocks generally fell, dragging the Dow down by more than 200 points on Friday. However, the recently weak technology stocks rebounded, and the Nasdaq closed 86 points higher.

Investors in the Asia-Pacific region are expected to be cautious today as local markets are closed due to the US holiday on Monday.

Today's market focus can pay attention to gambling stocks, because the Macau government announced the revision of the gaming laws last Friday, and also pay attention to HSBC (0005), which has been rising for several days. The heavyweight stock has risen by 16% this month. , will the power gradually weaken in the future.

Technology stocks are believed to remain the target of investors' attention.

【11:28】

Success Global (0487) jumped 34% to 0.165 yuan after the Macau government announced the amendments to the gaming law last Friday and mentioned how to deal with satellite casinos.

Shares of other listed companies operating hotel and casino businesses in Macau also rose. Macau Legend (1680) rose 5%, and Emperor Entertainment Hotel (0296) rose 1.2%.

The Hang Seng Index maintained a decline of more than 100 points. The latest report was 24,229 points, down 153 points. The HSCEI fell 85 points to 8,468 points. The KSE recently reported 5,712 points, down 56 points.

【10:38】

The decline of Hong Kong stocks expanded significantly. The Hang Seng Index last reported 24206 points, down 176 points, the HSCEI last reported 8463 points, down 91 points, and the KSE Index last reported 5714 points, down 54 points.

Mainland property and property management stocks were weak, Country Garden Services (6098) fell 5.1%, Country Garden (2007) fell 4.4%, Sunac (1918) dropped 6.5% to 8.58, Sunac Services (1516) fell 2.1%, Shimao (1918) 0813) fell 2.4%.

Sporting goods stocks Li Ning (2331), gas stocks ENN Energy (2688) and Haidilao (6862) all fell 2%.

In terms of shipping-related stocks, Singamas (0716) soared 18.8%, Orient Overseas (0316) hit a new high of 219.6 yuan, and last reported at 212.2 yuan, down 0.4%, but the parent company COSCO (1919) fell 3.9%.

【09:44】

Hong Kong stocks turned lower in the early part of the session. The Hang Seng Index was down 77 points at 24,305 points.

CITIC (0267), Shenzhou (2313) and Ali Health (0241) all fell more than 1%.

Oil stocks continued to rise. Sinopec (0386) rose 1.3% and CNOOC (0883) rose 0.7%.

The two blue-chip betting stocks still rose by more than 10%.

【09:28】

The Hang Seng Index opened 6 points higher at 24,390 points, the H-Share Index opened 22 points lower at 8,537 points, and the KSE Index opened 16 points lower at 5,752 points.

Gaming stocks outperformed this morning. Sands (1928) opened 14.9% higher at 21.05 yuan, Wynn (1128) opened 14.5% higher, and GEG (0027) opened 10.6% higher.

HSBC (0005) continued to rise, opening 0.4% higher at 54.75 yuan, while Standard Chartered (2888) opened 1.7% higher at 55.35 yuan.

In terms of technology stocks, Tencent (0700) opened 0.3% lower, and Bilibili (9626) opened 0.3% higher.