Macau casino stocks, bonds on a roll as Chinese visitors return
Chinese tourists are returning to Macau in hordes after Beijing lifted its restrictions on travel to the world’s biggest gambling hub, lifting stocks and bonds of casino operators as investors bet on a boom in their revenues. Hong Kong-listed shares of MGM China (2282.HK), Sands China (1928.HK) and Melco International Development (0200.HK) have climbed 11.4%, 6.4% and 12.6% so far this year, respectively, outperforming the...