Hong Kong

The Macau government says it is “exploring further cooperation opportunities” in regards to tourism with Hong Kong, according to a report from the government news bureau.

The bridge connecting Hong Kong, Zhuhai and Macau is expected to complete by the end of 2017, said Hong Kong’s Secretary for Transport and Housing.

Genting Hong Kong Ltd. says it expects to record a consolidated net loss of US$500-550 million for the year ended Dec. 31, 2016, according to a filing on Monday.

Casino investor Landing International Development Ltd. is proposing to implement a ‘capital reorganization’, which will entail a capital reduction as well as a subdivision of the unissued share capital of the company.

Genting Hong Kong has entered into a EUR160 million (US$169.4 million) facility agreement with KfW IPEX-Bank GmbH in order to finance part of the cost of construction and purchase of ships.

Hong Kong Jockey Club (HKJC) and Racing U.K. have announced a new partnership that will see HK horse racing become available to UK viewers.

“In an exciting new partnership with the Hong Kong Jockey Club (HKJC), Racing U.K. will show the world-famous action from the stunning backdrops of Sha Tin and Happy Valley, starting with Longines Hong Kong International Races week, which gets underway with the International Jockeys' Challenge tomorrow (7 December),” said Racecourse Media Group in a press release.

Former CEO of Amaya Inc., David Baazov has confirmed that two Hong Kong-based investors will be upping their support for his $4.1 billion bid to take the company private.

Luxury cruise operator Genting Hong Kong has entered into a master agreement to buy electronic equipment and devices from FreeStyle Gaming Ltd to use on its cruise ships.

Genting Malaysia said it has sold its 16.87 percent stake in its sister company Genting Hong Kong for about $415 million.

Hong Kong-listed Sun Century Group Ltd is seeking to raise ‘not less than approximately HK$901.4 million ($116.2 million) via a rights issue.

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