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23.10.26 - 11:15
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MGM CHINA : Injects MOP1.24 billion Into Macau Government Guidance Fund (AAStocks)
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MGM CHINA (02282.HK) announced that, in relation to the establishment of the Macau SAR Government Guidance Fund II Limited Partnership Fund, subsidiary MGM Grand Paradise has committed to contribute MOP1.24 billion, equivalent to approximately HKD1.21 billion. The fund has an initial term of 15 years, with the first five years s......
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23.10.26 - 08:06
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DeepSeek, MiniMax secure open-source licences days after new China export rules: state media (SCMP)
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Chinese artificial intelligence model developers DeepSeek and MiniMax have completed export registration procedures and proceeded with open-source releases and overseas licensing activities, according to Chinese state media, days after Beijing moved to tighten oversight on AI tech transfers.
Yuyuan Tantian, an influential social media account affiliated with state broadcaster CCTV, reported on Thursday evening that the two AI companies had completed the required registrations after Beijing......
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23.10.26 - 05:15
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Research: JPM: Weak 3Q Results at SANDS CHINA LTD Meet Expectations (AAStocks)
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JPMorgan published a research report stating that SANDS CHINA LTD (01928.HK)'s weak third-quarter results were broadly in line with market concerns. EBITDA after adjusting for luck factors was USD518 million, down 14% YoY and flat QoQ, mainly due to a lower base in the previous quarter. The figure was 2% below the sell-side mark......
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22.10.26 - 03:45
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MAOYAN ENT Repurchases 800,000 Shares on Wed for HKD2.9243 million (AAStocks)
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MAOYAN ENT (01896.HK) announced that it repurchased 800,000 shares on October 21 at a price ranging from HKD3.64 to HKD3.66 per share, involving approximately HKD2.9243 million. Since the repurchase mandate resolution was approved, the group has cumulatively repurchased 1.84 million shares, accounting for 0.1583% of issued share......
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22.10.26 - 03:42
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Debt-laden mainland developer Shimao sells its 2 Hong Kong hotels for US$344 million (SCMP)
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Receivers of the Sheraton Hong Kong Tung Chung Hotel and the Four Points by Sheraton have sold the dual-branded complex, which together comprise the city's third-largest hotel by room count, for HK$2.7 billion (US$344 million), Shimao Group announced on Thursday.
In a filing to the Hong Kong stock exchange, the distressed mainland Chinese developer said the buyer was Oceanfront Hong Kong Limited.
Oceanfront is owned by, among others, investment vehicles associated with ParkCity Group, a......
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