Economics

Wynn Macau, Sands China Plummet, Leading Casino Stocks Lower

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By Frank Longid and Fox Hu

September 30, 2011 at 10:03 AM UTC

This article is for subscribers only.

Wynn Macau Ltd. and Sands China Ltd. slumped in Hong Kong trading after shares of their U.S.-listed parents fell on concerns China’s growth may slow.

Wynn Macau retreated 17 percent, the most since listing two years ago, to HK$18.78 while Sands China plunged 14 percent to HK$18.64. Rivals Galaxy Entertainment Group Ltd., MGM China Holdings Ltd., SJM Holdings Ltd. and Melco International Development Ltd. also declined.