No juice in casino stocks for Citic, UOB as Macau ’s economic makeover, valuations blunt upside

It may be a case of too much too soon for Macau casino stocks. A late-2022 surge has made valuations expensive, while capital spending plans outside their core operations are likely to erode returns, some analysts said.#macau
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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