Macau | Galaxy’s Nikkei Index inclusion a milestone as company prepares for Japan bid

Macau (MNA) – Galaxy Entertainment Group (GEG) considers its inclusion in the Nikkei Asia300 Investable Index a ‘significant milestone in GEG’s history, as the company embarks upon its bid for an Integrated Resort licence in Japan,’ the company announced in a release on Thursday.

Galaxy is the only gaming company listed in Hong Kong included in the Nikkei Asia300 Investable Index, a stock index integrating 300 companies from 10 Asian countries/regions. Just 34 companies listing on the Hong Kong Stock exchange are included in the index.

GEG has been included in the Nikkei Asia300 Investable Index since it was launched on 11th December, 2017. However, the company has been part of the Nikkei Asia300 since it was launched on 1st December, 2016.

Francis Lui, Vice-Chairman of Galaxy Entertainment Group, was quoted in the release as saying that the inclusion highlights ‘Galaxy’s important role at the forefront of the region’s economic growth’ and recognises its international success.

The stock price of the company has increased 90 per cent since January 2017.