Wynn Macau, controlled by US gaming tycoon Steve Wynn, rose as much as 13 per cent in its trading debut on Friday, defying the recent trend of disappointing first-day performances by new stocks in Hong Kong.

Wynn shares closed up 6.9 per cent at HK$10.78, after hitting HK$11.40 in early trading. The company, which holds the Macao operations of Wynn Resorts, priced its US$1.6bn listing at the upper end of a price range at HK$10.08 a share.