Macau Casinos Prep for Strong Chinese New Year Traffic

Seeking AlphaJan 22 19:57

Shares of Sports Betting and Gambling Stocks Are Trading Higher Following Trump's Inauguration as Investors Weigh the New Administration's Economic Policies.

BenzingaJan 22 04:13

BofA Securities Maintains Melco Resorts and Entertainment(MLCO.US) With Hold Rating, Cuts Target Price to $6.2

Futu NewsJan 21 09:31 · Ratings

From April, non-management employees of Melco Resorts & Entertainment (MLCO.US) in Hong Kong and Macau will receive a minimum salary increase of 2.5%.

Melco Resorts and Entertainment (MLCO.US) announced that all eligible non-management employees in Hong Kong and Macau will receive a salary increase ranging from 2.5% to 6.5% starting April 1 this year. Among them, eligible full-time non-management employees with a monthly salary including tips at or below 0.016 million Macanese Patacas will receive a raise of 600 Patacas, which equals a 3.8% to 6.5% increase; eligible full-time non-management employees with a monthly salary including tips exceeding 0.016 million Patacas will receive a 2.5% raise. Melco's Chairman and CEO, Ho Yau Lung, expressed heartfelt gratitude for the contributions and efforts of the colleagues and looks forward to continuing to achieve great results together with them in the future.

AASTOCKSJan 21 09:06

Express News | Han Zheng met with elected Vice President Vance of the USA.

BreakingsJan 20 10:46

Foreign capital is accelerating its shift to betting on China Assets! Call options on Chinese Stocks ETFs are being snatched up again.

Chris Murphy, Co-Head of Derivative Strategy at Horizon International Group, stated that last Friday investors bought a large number of Call Options for the iShares Core MSCI China Index ETF (FXI). Other Call Options related to Chinese Assets also rose significantly, including the China Overseas Internet Plus-Related ETF (KWEB). ETFs related to Chinese Assets also strengthened.

Securities TimesJan 20 09:23