The following companies may have significant price changes in Hong Kong trading. Stock symbols are in parentheses. Share prices are as of the last close.
Gaming stocks: Macau’s casino revenue rose 42 percent last month as the world’s largest casino hub benefited from surging tourism from China. SJM Holdings Ltd., Sands China Ltd. and the city’s four other casino operators had total sales of 17.4 billion patacas ($2.2 billion) in November, compared with 12.2 billion patacas a year earlier, according to data from Macau’s Gaming Inspection and Coordination Bureau.
SJM Holdings (880 HK), Asia’s biggest listed casino operator, declined 5 percent to HK$12.18. Sands China Ltd. (1928 HK), Macau’s second-biggest operator by market share, advanced 4.2 percent to HK$17.40. Galaxy Entertainment Group Ltd. (27 HK) climbed 2.8 percent to HK$8.11.
China Railway Group Ltd. (390 HK): The world’s second- largest publicly traded heavy construction company said in a statement to Shanghai stock exchange that 11.95 billion of its A shares will become tradable on Dec. 6. The stock rose 1.1 percent to HK$5.50.
Huaneng Power International Inc. (902 HK): China ordered a freeze in 2011 contract prices for coal used by power stations to help electricity generators cover higher costs, the official Xinhua News Agency reported. Huaneng Power is the listed unit of China’s largest power producer. The stock fell 0.5 percent to HK$4.14.
Li & Fung Ltd. (494 HK): Victor Fung, chairman of the biggest supplier to retailers including Wal-Mart Stores Inc., expects the price of Chinese exports will rise by between 10 percent and 15 percent next year, the Apple Daily reported. The stock declined 1.9 percent to HK$47.50.
Luk Fook Holdings (International) Ltd. (590 HK): The Hong Kong-based jewelry retailer said it is offering 42 million shares at HK$23.15 each, and has applied to resume trading today. The stock was suspended yesterday.
PetroChina Co. (857 HK): The Chinese oil company may boost the annual natural gas production at its Changqing oilfield by 5.5 percent to 20 billion cubic meters this year from a year earlier, the official Xinhua News Agency reported. The stock gained 0.9 percent to HK$9.74.
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