China economy
Macau bubble has burst: Wells Fargo
A mainland credit bubble fueled meteoric Macau rise, investment bank suggests, and now it’s burst.
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Posted in Cameron McKnight, China anti-corruption drive, China economic policy, China economy, Forbes.com, Hong Kong On Air, Macau casinos, Sands Macao, Sheldon Adelson, Wells Fargo Securities, Xi Jinping
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Macau bubble has burst: Wells Fargo
A mainland credit bubble fueled meteoric Macau rise, investment bank suggests, and now it’s burst. Continue reading
Posted in Cameron McKnight, China anti-corruption drive, China economic policy, China economy, Forbes.com, Hong Kong On Air, Macau casinos, Sands Macao, Sheldon Adelson, Wells Fargo Securities, Xi Jinping
Comments Off on Macau bubble has burst: Wells Fargo
China currency, equity turmoil adds to Macau’s woes
Macau’s casino revenue turned for the worse in August. 
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Posted in China, China anti-corruption campaign, China credit, China economy, China exchange rate, China overseas travel, China stock markets, Forbes.com, Hong Kong On Air, Macau, Macau casinos, Macau economy, Xi Jinping
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Macau casinos roll toward a losing year
The world’s gaming capital casino revenue declined in November for a sixth straight month, with recovery still distant.
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Posted in Asia casinos, China anti-corruption campaign, China economy, Forbes.com, Hong Kong On Air, Hong Kong stocks, Macau casinos, Macau gaming revenue
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Macau casino shares rally after June revenue falls
Investor conviction that June’s revenue fall represents a bottom for Macau’s slump may prove premature.
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Posted in China anti-corruption campaign, China economy, Hong Kong On Air, Macau casinos, Morgan Stanley Asia, Standard Chartered Bank (Hong Kong), Union Gaming Group, Wells Fargo Securities, Xi Jinping
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