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...Despite the concerns, the rating agency on Wednesday lowered its outlook for Hong Kong, Macau and 18 Chinese state-owned and private companies, including tech groups Tencent and Alibaba, from stable to negative...
...Macau is the only Chinese territory where casino gambling is legal....
...Events: The first day of the Ching Ming festival is a public holiday in China, Hong Kong, Macau and Taiwan and markets will be closed....
...Economic indicators: February data for China’s industrial profits and Macau’s hotel occupancy rate are released. South Korea publishes the results of its business survey for April....
...The narrative has indeed changed, landing at Chep Lap Kok may not be as exciting as the old Kai Tak airport, but driving across the Hong Kong-Zhuhai-Macau Bridge, the world’s longest sea crossing connecting...
...China: The China Foreign Exchange Trade System & National Interbank Funding Center launches interbank forex trading for Macau’s pataca in currency pairs with the renminbi, US dollar and Hong Kong dollar....
...Macau’s economy is heavily reliant on tourism, particularly from China....
...Best Employers Asia-Pacific research, companies must have at least 1,000 employees across the whole region, in one or more of the following 14 countries: Australia; Hong Kong; India; Indonesia; Japan; Macau...
...“[The results affirm Galaxy as] our top pick in the Macau gaming sector alongside Sands China,” JPMorgan’s DS Kim said on Monday, referring to the late Sheldon Adelson’s Las Vegas Sands’ Macau business,...
...McDonald's is buying a 28 per cent stake in the business — which also includes Hong Kong and Macau — from Carlyle, boosting its overall stake from 20 per cent to 48 per cent....
...So far, five such DRPs have been issued and the instruments can be traded on an exchange in Macau, a former Portuguese colony near Hong Kong that is better known for casinos....
...Sales of diamond jewellery dropped 3 per cent last year to $12.8bn in the Greater China region, which also includes Hong Kong, Macau and Taiwan but is dominated by mainland Chinese demand, according to data...
...Khaw Wei Kang Macau...
...Qiu Jun, a teacher from Shenzhen who took a five-night trip to Macau, Zhongshan and Zhuhai, said the tough economy meant he was more restrained with his spending....
...Junket operators were all licensed by Macau authorities....
...The former “junket king” was the highest-profile target of Beijing’s efforts to exert greater control over Macau’s gambling industry and limit capital outflows....
...“We believe the market . . . significantly [under-appreciated] the pace and magnitude of demand recovery in Macau.”...
...Beyond the city, talk now is of the “Greater Bay Area”, which takes in Hong Kong, Macau and nine municipalities on the mainland; this year, Art Basel took its talks programme to Guangzhou....
...The fast-food restaurant group said it would buy Carlyle’s 28 per cent stake in its Chinese operations, which also span Hong Kong and Macau, in order to rebuild exposure to what has become its fastest-growing...
...The US is meanwhile tightening curbs on Macau as a trans-shipment port....
...“The trial means the end of the high volume and high-profile Macau junkets and VIP rooms,” Lee said. “Macau will, out of necessity, need to find and grow the grind mass market, a Herculean task.”...
...SJM Holdings: The Macau casino and hotels group reports second-quarter results....
...“Macau has hit rock bottom,” said David Green, a gaming and governance consultant and former adviser to the Macau government on casino tenders....
...Macau has always been a washing machine” but the case exposes the extent of it, said Jorge Menezes, a Macau-based lawyer....
...One barometer of sentiment will be activity in Hong Kong and Macau, traditionally important destinations for mainland tourists....
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