People walk in front of the Casino Lisboa Hotel in Macau on January 17. Photo: Yik Yeung-man
People walk in front of the Casino Lisboa Hotel in Macau on January 17. Photo: Yik Yeung-man
Macau

Macau casino stocks shine in post-Covid rally as JPMorgan sees headroom for more upside

  • Investors should look past losses in the final quarter of 2022 and bet on a post-Covid-19 recovery, according to JPMorgan, Credit Suisse and Jefferies
  • Casino stocks rallied by 3 per cent to 9 per cent in Hong Kong on Thursday, outpacing the Hang Seng Index’s 1.6 per cent bounce

People walk in front of the Casino Lisboa Hotel in Macau on January 17. Photo: Yik Yeung-man
People walk in front of the Casino Lisboa Hotel in Macau on January 17. Photo: Yik Yeung-man
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