HK property, casino stocks slump after violent protests

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The protests in Hong Kong have created a negative impression among mainland Chinese citizens and this has caused damage to the stock market. FMTNews

BEIJING: Hong Kong shares fell after weekend street clashes caused major disruptions to the international airport and transport networks.

Sands China Ltd, Wynn Macau Ltd and MGM China Holdings Ltd fell more than 2% after data showed Macau casino revenue dropped in August. It was the 13th straight weekend of political unrest in the Asian financial center, with rallies over a now-suspended bill to allow extraditions to China having widened into a push for democracy.

 

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