CES China A80 Index (CES A80), outperformed other pure A-share market indices, climbed 0.5% last week. Best performing stocks in CES A80, such as Gree Electric & SAIC Motor, are the top 10 trading stocks via Northbound Stock Connect.
Even though A-share and Hong Kong market retreated last week, CES China Private Elite Index (CES CPE), a new benchmark for China’s non-state owned enterprises (non-SOEs), still rose 2.0%.
Macau 1Q17 VIP baccarat gaming revenue rising 16.8% YoY to MOP 35.5 billion. On a QoQ basis, 1Q17 growth rate was only 6.5% (4Q16 QoQ: +16.4%). CES Gaming Top 10 Index (CES G10) declined 2.7%.
