Chinese Tourism Q1 DataWeak Outbound (+4%) But Strong Domestic Tourism (+28%)
In March, our commercial flights tracking data suggests only 2% year-over-year increase in outbound flight passengers vs. 31% in domestic flight...
343 Views
Sino-ASEAN Strategy: Is There No Stopping This Bull Run? - Part II
Our Global Reflation Pulse Check indicates the global reflation theme remains intact. Earnings and economic growth in the US and Europe have...
404 Views
Is Las Vegas Sands Finally Ready to Burst Out of Its Straitjacket Trading Range?
Despite strong Q1 2017 results Las Vegas Sands  (NYSE:LVS) remains mysteriously hemmed into a narrow trading range unable to break strongly over...
278 Views
Sands China Shows Steady Mass Gain, Worsening VIP Segment, Hold-Adjusted EBITDA/Table/Day Increase
Narrow-moat Sands China's first-quarter adjusted EBITDA was 28% of our full-year estimate, broadly in line with historical seasonality. We have no...
287 Views
China Strategy: (Much) Smoother US-China Relations Ahead?
A longer term implication of Trump-Xi meeting is that US-China trade relations could be (much) smoother than many have anticipated. A Fuyao Glass...
259 Views