THE M3: HOTEL DEMAND; HIGHER CHINESE BANKS CAPITAL RATIO

The Macau Metro Monitor, April 26, 2011

 

 

EASTER EFFECT FUELS HOTEL DEMAND TILL MAY DAY HOLIDAY Macau Daily News

The Macao Hoteliers and Innkeepers Association says that Macau hotels were fully occupied during the Easter holiday. The room rates did not see a sharp increase and were maintained over last year’s level.  Some three to four‐star hotels raised room rates by 5%‐10% to around MOP1,000 to MOP2,000.


CHINA SAID TO RAISE BIGGEST BANKS' CAPITAL ADEQUACY TARGETS Bloomberg

According to sources, the China Banking Regulatory Commission (CBRC) told Industrial & Commercial Bank of China, China Construction Bank, Bank of China, and Bank of Communications to raise their ratios from 11.5% to 11.8%, while Agricultural Bank of China was told to raise its ratio from 11.5% to 11.7%.



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