Economics

Sands China Drops on Slowdown Concerns: Hong Kong Mover

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By Vinicy Chan

June 4, 2012 at 8:34 AM UTC

This article is for subscribers only.

Sands China Ltd., the Asian unit of Sheldon Adelson’s Las Vegas company, led a decline in Hong Kong-traded casino stocks amid concern slowing economic growth in China could hurt revenue growth in Macau’s gambling hub.

Sands China dropped 4.8 percent to HK$25.05 at the close of Hong Kong trading, while Galaxy Entertainment Group Ltd. slid