What a difference a few time zones make.
Shares in Wynn Resorts fell 10.1 percent in the US on Friday after The Wall Street Journal reported that dozens of former employees had alleged sexual misconduct by the group’s founder and CEO Steve Wynn.
Investors in Hong Kong were far less concerned. Stock in Wynn Macau in Hong Kong was down 6.50 percent yesterday, and only a sliver below its highest level in almost three years. That’s not all that much worse than the 2.29 percent fall in SJM Holdings, or MGM China Holdings, down 2.27 percent.
