• It's Coming...

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

The Macau Metro Monitor, March 15, 2011

 

HONG KONG GNP RISES 7.2% IN 2010 China Daily

According to the Census and Statistics Department of Hong Kong, the city's GNP rose 7.2% YoY to HK$1,784.7BN in 2010 and 6.9% in 4Q2010  to HK$477.2BN.

CHINA'S FEBRUARY NEW LOANS HIT $535.6BN YUAN Xinhua News

The People's Bank of China said that new yuan‐denominated loans decreased $192.9BN YoY in February to 535.6BN yuan. At the end of February, total outstanding yuan‐denominated loans stood at $48.89 trillion, up 17.7% YoY. New yuan‐denominated deposits stood at $1.31 trillion in February, a YoY increase of 17.6%.

MACAU MAINLAND BUDGET AIRLINE TO LAUNCH Macau Daily News

Spring Airlines, a budget airline, is scheduled to debut  operating flights between Macau and Mainland cities in April.

LOCAL CPPCC MEMBERS SUGGEST MULTI-ENTRY VISA FOR ZHUHAI CITIZENS Macau Daily News

21 Chinese People's Political Consultative Conference (CPPCC) members, including Ambrose So, made a joint proposal suggesting that Zhuhai citizens be granted a one‐year multi‐entry visa to Macau, with a maximum stay of seven
days per visit. The suggested trial would be similar to mulit-entry visas already granted to Shenzhen residents for visitation to Hong Kong in April 2009.