Hong Kong stocks' growth was restricted as China August Official Manufacturing PMI came slightly worse than expectation. After a directionless market, the Hang Seng Index and China Enterprises Index concluded the day at 24752 and 10958, up 10 pts, and down 4 pts, respectively, on daily turnover of $61.875 billion.
Casinos lost ground as the Macau gaming revenue dropped 6.1% yearly in August, mildly worse than expectation. SANDS CHINA LTD (01928.HK) and GALAXY ENT (00027.HK) faded 3.2% and 2.9%; MGM CHINA (02282.HK) and WYNN MACAU (01128.HK) gave up 3.5% and 2.4%, respectively.
CCB (00939.HK), after announcing 9% increase in interim profit last Friday, softened today by 0.9%; its peer ICBC (01398.HK) decreased 1%. ~
AAStocks Financial News
Web Site: www.aastocks.com