{"id":436813,"date":"2022-02-19T19:13:02","date_gmt":"2022-02-19T19:13:02","guid":{"rendered":"http:\/\/yorunoteiou.com\/?p=436813"},"modified":"2022-02-19T19:13:02","modified_gmt":"2022-02-19T19:13:02","slug":"hong-kong-shares-edge-up-as-casino-stocks-extend-gains","status":"publish","type":"post","link":"https:\/\/yorunoteiou.com\/?p=436813","title":{"rendered":"Hong Kong shares edge up as casino stocks extend gains"},"content":{"rendered":"<h2>Hong Kong shares edge up as casino stocks extend gains<\/h2>\n<p class=\"author-section byline-plain\">By  <\/p>\n<p class=\"byline-section\"><span class=\"article-timestamp article-timestamp-published\"> <span class=\"article-timestamp-label\">Published:<\/span>  05:22 GMT, 6 October 2015  <\/span> | <span class=\"article-timestamp article-timestamp-updated\"> <span class=\"article-timestamp-label\">Updated:<\/span>  05:22 GMT, 6 October 2015  <\/span> <\/p>\n<div id=\"articleIconLinksContainer\">\n<ul>\n<li class=\"share-facebook-long\"><\/li>\n<li class=\"share-twitter\"><\/li>\n<li class=\"share-pinterest\"><\/li>\n<li class=\"share-flipboard\">  <\/li>\n<li class=\"share-fbmessenger\">  <\/li>\n<li class=\"share-email\">  <\/li>\n<p> &lt;li data-anchor=&quot;tl&quot; data-twitter-status=&quot; website via @&quot; data-formatted-headline=&quot;Hong Kong shares edge up as casino stocks extend gains&quot; data-hide-email=&quot;true&quot; data-article-id=&quot;3261439&quot; data-article-channel-follow-button=&quot;&quot; data-is-channel=&quot;false&quot; id=&quot;shareLinkTop&quot; class=&quot;share-icons&quot; data-placement=&quot;top&quot; website  <\/li>\n<\/ul><\/div>\n<p> <!-- ad: website --> <\/p>\n<p><font style=\"font-size:1.2em\">HONG KONG, Oct 6 (Reuters) &#8211; Hong Kong shares held steady on Tuesday, supported by expectations the U.S.<a href=\"https:\/\/www.travelwitheaseblog.com\/?s=Federal%20Reserve\">Federal Reserve<\/a> will wait longer to raise interest rates and lifted by further gains in casino stocks.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">The benchmark Hang Seng index rose 0.1 percent, to 21,881.66 points. The China Enterprise index, which tracks Chinese companies listed in Hong Kong climbed 0.7 percent, to 9,951.71 points.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">Investor sentiment on Tuesday morning remained bullish for the short-term and analysts expect Hong Kong stocks to extend gains thanks in part to cheap valuations.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">&#8220;Basically we have a very good start to this quarter, after the very poor performance of the third quarter,&#8221; said Mark To,  <a href=\"https:\/\/julltagi.com\/\">\uc0cc\uc988\uce74\uc9c0\ub178<\/a> head of research at Wing Fung Financial Group, referring to a more than 20 percent plunge in the quarter ended-September.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">&#8220;I think most of the institutional investors and even retail investors alike are going bottom-fishing, or bottom-hunting, because the valuation is really cheap at the moment.&#8221;<\/font><\/p>\n<p><font style=\"font-size:1.2em\">Two American IPOs in Hong Kong on Thursday &#8211; IMAX China and Regina Miracle &#8211; are also expected to boost short-term market momentum thanks to strong demand, analysts said.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">Casino stocks extended gains on Tuesday, with Sands China up 7 percent, Galaxy Entertainment rising 4.4 percent and Wynn Macau climbing 6.2 percent.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">The main index was weighed down by a 3.3 percent fall in China Resources Land and a 2.1 percent drop in Hang Lung Properties.<\/font><\/p>\n<p><font style=\"font-size:1.2em\">China&#8217;s markets are closed until Oct.8 for National Day holidays. (Reporting by Jessica Macy Yu; Editing by Simon Cameron-Moore)<\/font><\/p>\n<\/div>\n<p><!-- ad: website --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hong Kong shares edge up as casino stocks extend gains By Published: 05:22 GMT, 6 Octo\u2026","protected":false},"author":140824,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[1],"tags":[2292],"_links":{"self":[{"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts\/436813"}],"collection":[{"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/users\/140824"}],"replies":[{"embeddable":true,"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=436813"}],"version-history":[{"count":1,"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts\/436813\/revisions"}],"predecessor-version":[{"id":436814,"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=\/wp\/v2\/posts\/436813\/revisions\/436814"}],"wp:attachment":[{"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=436813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=436813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yorunoteiou.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=436813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}