Macau investors overreact to bad news

Shares in Macau casinos have taken a beating following a string of bad news. But industry insiders dismiss the news as noise. While there are issues ahead for Macau, they say the big picture remains bright.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at; follow him on Facebook and Twitter @MuhammadCohen.