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Casino stocks fall in Hong Kong


Casino stocks fall in Hong Kong

The Reuters news agency informed that China was to send a top reliable officer to be it's main leader in Macau. Hong Kong's stock exchange reported that some casino stocks moved back after they heard the news. The shares of Sands China Ltd dropped by 3.1 %, Galaxy Entertainment Ltd shares tumbled 0.9% and Mainland Chinese markets are still closed for holidays. It can't be determined wether or not the casino stock will recover from this or keep a low profile until they know where the new official stands.