Suncity Group Holdings Ltd (1383.HK)
Latest Key Developments (Source: Significant Developments)
Oct 1 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::UNIT ENTERS TECHNICAL SERVICES DEAL WITH GOLDEN SUN SKY ENTERTAINMENT TO PROVIDE PRE-OPENING & TECHNICAL SERVICES FOR CASINO. Full Article
Aug 27 (Reuters) - Suncity Group Holdings Ltd <1383.HK>::HY REVENUE RMB433 MILLION VERSUS RMB338.5 MILLION.HY LOSS ATTRIBUTABLE RMB 1.65 BILLION VERSUS LOSS OF RMB632.3 MILLION."GROUP WILL ACTIVELY EXAMINE DEVELOPING REAL ESTATE MARKETS OUTSIDE CHINA".ASIAN COUNTRIES, SUCH AS KOREA, MALAYSIA AND VIETNAM ARE AMONG INITIAL TARGET MARKETS OF GROUP. Full Article
HONG KONG (Reuters Breakingviews) - A plucky local upstart can take on Macau’s moguls. Licenses in the world’s largest gambling hub start to expire in 2020, forcing all players to pitch for a spot on the casino floor. With frayed U.S.-China relations dealing American giants Sands China, Wynn Macau and MGM China a weaker hand, homegrown names will try their luck.