DS Kim is an analyst at JPMorgan Securities (Asia Pacific) Ltd.
Macau’s VIP gaming sector may have recorded its first year-on-year quarterly growth in 16Q4, according to analysts at JP Morgan Securities. “We estimate VIP GGR grew by 15 percent to 16 percent quarter-on-quarter or 8 percent to 9 percent year-on-year [in the fourth quarter of 2016],” said analysts DS Kim and Sean Zhuang, reaching US$3.5 […]
The Macau government is planning to introduce a bill that would require visitors to disclose cash holdings of more than MOP 120,000 (US$15,000) at entry, local media reports. Executive Council spokesman Leong Heng Teng said the measure would help to prevent money-laundering activities in the city. He made the comments when introducing the bill at […]