Don’t be surprised to find out that there won’t be a 6 month visa restriction enacted for Macau visitors. The Macau Special Administration Region (SAR) government announced an agreement to provide significant aid to the government of the earthquake stricken Sichuan province. Beijing is a bit of a black box, but I don’t think the Central Government was very pleased with Macau’s lagging contribution to the rebuilding effort. With the Macau government now on board it will be interesting to see if the concessionaires make any “voluntary” contributions to the effort. I’m sure they can find it in their hearts.
Macau shorts: be a touch wary. I still think the trend is down but status quo on the visa restrictions would send these stocks on a nice little squeeze ride.
Macau shorts: be a touch wary. I still think the trend is down but status quo on the visa restrictions would send these stocks on a nice little squeeze ride.