Macau casinos were hit by a massive sell-off Monday, as stock prices continued to plunge amid fears over a slowdown in China's economy that could hurt the world's biggest gambling hub.
Macau casinos were hit by a massive sell-off Monday, as stock prices continued to plunge amid fears over a slowdown in China's economy that could hurt the world's biggest gambling hub.
The Hong Kong-listed shares of gaming giants such as SJM and Sands China dived further at noon, widening earlier losses on Friday, with the leading SJM controlled by tycoon Stanley Ho tumbling 20 percent to HK$11.28.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: AFP News agency
- Position: Agence France-Presse
