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Macau Casino Shares Rise on Sign Industry Approaching Bottom

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Macau’s casino shares rose in Hong Kong trading on signs that the industry’s slump is approaching a bottom.

Wynn Macau Ltd. rose 4.8 percent to HK$16.54 by the close of trading, the biggest gain since April 9. Sands China Ltd. gained 3.3 percent and Galaxy Entertainment Group Ltd. advanced 3.1 percent, while the Hang Seng Index was little changed.