The cooperation includes a new arrangement between the HKMA and AMCM to facilitate a cross-border investment channel to clear, settle, and hold bonds registered in either market; bond deals are climbing strongly in Macau.
Simultaneously paying dividends while funding new investments into tourism and leisure is placing considerable strain on casino balance sheets in Macau – a bet many of them seem willing to take.
Mass-market consumers and non-gaming investments will become prominent features for Macau casino operators and other investors as the city shifts away from its Las Vegas image, despite the recovery in gaming revenue.
China this week released its blueprint for the Guangdong-Hong Kong-Macau Greater Bay Area initiative. We look at how this could encourage the development of more startups.