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Travel & Leisure

Suncity shares plunge after Macao arrests gaming group chairman

Company warns loss of founder Alvin Chau's support will have 'adverse affects'

Suncity's listed units have denied soliciting Chinese gamblers to go to the group's Tigre de Cristal casino hotel near Vladivostok, Russia.    © Reuters

HONG KONG -- Shares of companies linked to a detained Macao gambling tycoon plunged on Tuesday as trading of the stocks resumed in Hong Kong for the first time since Friday, when a warrant was issued for his arrest.

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