Market Unfazed by China’s RRR Cut, RMB Depreciation, Escalating US-China Tension Beyond Trade
We advise clients to cut their long exposure to China as domestic macro downside, currency risk and the US-China tensions intensify. These risks...
302 Views
Macau Rolling Re-Accelerated; Fiscal Projects Resumed; Outbound Tourism Up 9.3% YoY
Liquidity Easing and Fiscal Projects Re-ignitedIn a statement posted on its website late on August 11, China Banking and Insurance Regulatory...
380 Views
New Sands China Notes: Paired with Its Stock Make for a Savvy Macau-Centric Portfolio Move
Sands China Ltd. raises US$5.4bn to refinance term loans and add to capex war chest for next Macau development cycle. Coupons of three tranches...
420 Views
Macau Stocks Oversold; Buy on Sustaining Gaming Demand
Casino stocks are being penalized by the unfavorable year-over-year comparisons driven by the VIP room win rates since May. Sands China Ltd (1928...
400 Views
TRACKING TRAFFIC/Chinese Tourism: June Activity Firms | HTHT & Air China Oversold on RMB Slump
Tracking Traffic/Chinese Tourism is the hub for all of our research on China's tourism sector and features analysis of monthly Chinese tourism...
293 Views