Wynn gets approval for Hong Kong IPO: report

Discussion in 'Stocks' started by universaller, Sep 11, 2009.

  1. HONG KONG (MarketWatch) --

    Wynn Resorts has received a go-ahead by regulators for an initial public offering in Hong Kong that could raise up to $1 billion, according to a media report Friday. The gambling company plans to sell a 20% stake in its Macau casino operations in the IPO, Dow Jones Newswires said, citing people familiar with the situation.Marketing activities for the IPO will begin on Sept. 21 and the shares will begin trading on Oct. 9, the report said.


    The stocks that can attract asian investors (mainly Chinese) will have a huge run... WYNN, LVS, MGM...