Galaxy Entertainment Group Ltd (27.xhkg)

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Galaxy Entertainment Group Ltd (27.xhkg) Profile

Galaxy Entertainment Group Ltd (27.xhkg) is a Chinese hospitality, gaming and investment holding company headquartered in Hong Kong, the People’s Republic of China. The Galaxy Group engages in managing casino games, gambling, leisure, entertainment and other related services. Galaxy Entertainment Group has about 17,750 employees and operates an extensive portfolio of resorts, retail, dining, hotel and gaming facilities in Macau, including the StarWorld Macau, Galaxy Macau Resort, Grand Waldo Hotel Macau, Carnival Club and Perfect Assets Real Estate Limited. Galaxy Entertainment Group Ltd stock (27. xhkg) is listed on the Hong Kong Stock Exchange (SEHK), has a $193.40B (HKD) market cap as of November 2021 and $1.99B (HKD) in 2021 yearly revenue, up 283% year-on-year. Recent regulatory revisions in Macau Islands have sent Galaxy Entertainment Group Ltd (27.xhkg) and other casino operators plunging in a $132.46B (HKD) wipeout.

Galaxy Entertainment Group Ltd (27.xhkg): Trade a Contract for Difference (CFD) on 27.xhkg and speculate on the share price difference of the underlying asset. CFD is a financial contract that allows you to trade on the underlying asset value (share price) without the need to purchase the actual stock. Investors are trading the difference in the value of security between the opening and closing of the trade. You can either hold a long position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades, as CFDs tend to be used within shorter timeframes.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
15:30 - 06:00
07:00 - 10:00
Mon
15:30 - 06:00
07:00 - 10:00
Tue
15:30 - 06:00
07:00 - 10:00
Wed
15:30 - 06:00
07:00 - 10:00
Thu
15:30 - 06:00
07:00 - 10:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 523

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