Index Performance Review

(22 - 29 Dec 2017)
Due to the Christmas holidays, there were only 3 trading days in Hong Kong stock market last week, leading to a relatively low average daily turnover around HKD 78 billion. But the stock market continued rising, approaching to the previous high set in November. The Hong Kong stock connect equities recorded fund inflow, CES Stock Connect HK Select 100 (CES SCHK100) headed north, up 1.6%.
 
A share was at the short term correction phase, A share large-cap benchmark CES China A80 (CES A80) edged down 0.9%.
 
The December Macau’s gross gaming revenue (GGR) increased 14.6% YoY, slightly lower than the market consensus. The overall 2017 GGR grew 19% YoY, to MOP 266 billion, still 100 billion below the historical high in 2013. CES Gaming Top 10 Index (CES G10) increased 1.1%.
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