Sunday, October 24, 2021
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Tushar Mohata, Nomura

Genting Malaysia seen rebounding strongly as the country opens

In this week’s Face-to-Face, Nomura's Tushar Mohata explains what will be driving growth for Genting in Malaysia and its various operating markets.
HK Stocks

Investors lulled into “false sense of security” on Macau 

Signs China is tightening its grip on Macau triggered a record sell off in the six operator stocks, although the latest edict shouldn’t have come as a surprise.
Macau Tourism

Waiting game for Macau after lacklustre 2Q results

Macau operators continue to express confidence over pent-up demand, but the city is slow to get back on track, while gambling revenue in the U.S. surges.
Sharon Singleton

Should Beijing’s economic rampage concern Macau?

Melco Resorts & Entertainment Chairman and CEO Lawrence Ho says he’s not expecting any nasty surprises from the upcoming concession renewals in Macau, although stock market investors are not so sure.
Hong kong stock exchange

Macau Covid outbreak not a gamechanger: Bernstein

Shares in Macau operators sold off Tuesday on news of local Covid cases after a 480-day clear streak, but the outbreak is not seen as a game-changer.
Summit Ascent's Tigre de Cristal

Summit Ascent to be constituent of MSCI H.K. Micro Cap Index

Summit Ascent Holdings, operator of Russia's Tigre de Cristal, said it has been accepted as a constituent stock in the MSCI Hong Kong Micro Cap Index, effective after the close on May 27.
macau stocks

Enthusiasm for Macau gaming stocks likely over done

Investors may be overly optimistic about the prospects for Macau’s gaming stocks given the snail’s pace of the recovery and slow vaccine rollout across the region, according to analysts from Union Gaming.

Delta stock surges 8% to 14-month high

Shares in India's only listed casino group, Delta Corp, surged 8 percent on Wednesday to a 14-month high amidst optimism for the prospects of the gaming sector in the country.
500.com

500 .com surges on bitcoin transformation

China sports lottery company 500.com has continued its transformation into the bitcoin space with the all-stock acquisition of bitcoin mining company BTC.com and investors appear to approve.
cruise ship

Cruise stock rally pauses as sailings delayed

Major cruise lines have been pushing back their planned dates to resume sailing as the Covid-19 pandemic drags, helping to dampen a fourth-quarter rally in stocks.

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