A March 2019 picture showing visitors outside the Wynn casino resort in Macau. Regulatory risks continue to hammer investors as China is seen tightening its grip on the gambling hub. Photo: AFP
A March 2019 picture showing visitors outside the Wynn casino resort in Macau. Regulatory risks continue to hammer investors as China is seen tightening its grip on the gambling hub. Photo: AFP
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Hong Kong stocks hit 10-month low as regulatory risks infect Macau casino firms while China Evergrande’s lenders suffer

  • Stocks have surrendered almost all of the rally in the past four weeks amid a sell-off in casino firms and on Evergrande’s debt woes
  • Business outlook of casino operators affected and fair-value uncertainty has risen to very high, Morningstar said

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A March 2019 picture showing visitors outside the Wynn casino resort in Macau. Regulatory risks continue to hammer investors as China is seen tightening its grip on the gambling hub. Photo: AFP
A March 2019 picture showing visitors outside the Wynn casino resort in Macau. Regulatory risks continue to hammer investors as China is seen tightening its grip on the gambling hub. Photo: AFP
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