JP Morgan dips forecast, on slow Macau travel easing with HK

News Snapshot:

Jun 22, 2021 Newsdesk Latest News , Macau , Top of the deck  Brokerage JP Morgan Securities (Asia Pacific) Ltd says it is “somewhat disappointed” by a Monday announcement that Hong Kong would need to have another 14 days with no Covid-19 infection – i.e., 28 consecutive days of no new cases – before Macau would consider lifting its 14-day quarantine on arrival for inbound visitors coming via Hong Kong. “We couldn’t help but be somewhat disappointed by the seemingly limited scale – at least initially – of the travel bubble plan, as well as the slower-than-expected timing of...