A man walks outside the Wynn Macau casino resort amid the Covid-19 outbreak, in Macau on July 4, 2022. Poor gaming earnings pulled down casino stock in Hong Kong on Tuesday. Photo: Reuters
A man walks outside the Wynn Macau casino resort amid the Covid-19 outbreak, in Macau on July 4, 2022. Poor gaming earnings pulled down casino stock in Hong Kong on Tuesday. Photo: Reuters
Hong Kong stock market
Business /  Markets

Hong Kong stocks slip as Apple parts suppliers, Macau casino operators suffer on earnings pressure

  • Macau entered a second week of Covid-19 lockdown, keeping 42 casinos in the city closed, pressuring gaming revenue and city’s coffers
  • Chinese companies in Apple’s supply chain suffered as the iPhone maker was said to be slowing hiring amid recession risks

Yaling Jiang
Yaling Jiang in Shanghai

Updated: 4:55pm, 19 Jul, 2022

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A man walks outside the Wynn Macau casino resort amid the Covid-19 outbreak, in Macau on July 4, 2022. Poor gaming earnings pulled down casino stock in Hong Kong on Tuesday. Photo: Reuters
A man walks outside the Wynn Macau casino resort amid the Covid-19 outbreak, in Macau on July 4, 2022. Poor gaming earnings pulled down casino stock in Hong Kong on Tuesday. Photo: Reuters
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