Macau catalysts distinct from other China sectors t6j24

While Macau gaming stocks have underperformed Hong Kong’s Hang Seng Index by 7% so far in May, there are reasons why investors should categorise them differently from other equities with exposure to China consumer markets, suggests a report issued recently by the Morgan Stanley banking group. The institution made reference to a sustained sell-off by investors earlier this month, despite the improving trading situation in the Macau... 6e1f1d