BUZZ-HK retailers, Macau gaming stocks gain on China easing visa curbs

Reuters11-29

** Hong Kong tourism stocks and Macau gaming shares gain as China eases visa restrictions for Shenzhen and Zhuhai residents visiting Hong Kong and Macau

** Jeweller Chow Tai Fook rises 1.6%, skin care chain Sa Sa International jumps 7.5% and hot pot restaurant chain Haidilao surges 5.2%

** Sands China climbs 3.9%, Galaxy Entertainment

rises 3.6%, Wynn Macau climbs 2.7%, MGM China adds 2.6%, while SJM and Melco

up 2.3% and 0.6%, respectively

** China eases visa restrictions for Shenzhen residents visiting Hong Kong, allowing multiple entries per year from Dec. 1, Xinhua reports

** Hong Kong expects lenient entry policy to benefit tourism-related industries, including retail and catering

** Visa rules for Zhuhai residents also eased, allowing once-a-week entry to Macao for not more than seven days effective Jan. 1

** Hang Seng Commerce & Industry Index gains 0.6%, Hang Seng Consumption Index rises 1.1% and Hang Seng Index up 0.4%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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