Macau

Number of unicorns exploded, despite three years of Covid-19 decline – Rupert Hoogewerf

The number of unicorns, companies worth more than US$1 billion, exploded globally over the past three years, despite the slowdown caused by Covid-19, says Hurun chairman Rupert Hoogewerf during the release of the Global Unicorn Index 2023 by Hurun Research Institute, at the China Daily. Especially the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) did very well, the report says.Read More →

Foreign brands have to become more political savvy in dealing with China – Shaun Rein

Foreign brands got into hot water when describing Hong Kong, Macau and Taiwan as independent countries. Business analyst Shaun Rein explains at the BBC it is not only the government fanning the flames but increasingly nationalistic consumers who boycott foreign brands stepping on political toes.Read More →

China: a hub for money laundering – Sara Hsu

China is becoming a center point for money laundering activities from Latin America, writes the military magazine Dialogo. Financial expert Sara Hsu explains how those links could work out.Read More →

Dropping growth of ultra rich families in China – Rupert Hoogewerf

The number of wealthy families on Greater China has grown in 2017, but growth is dropping and might even be lower in 2018 caused by the trade war and declining economic growth, says Rupert Hoogewerf, chairman of the Hurun China Rich List according to Barrons in a new report released this week.Read More →

What if gambling takes off in Hainan? – Sara Hsu

The debate is taking off on whether China would allow gambling on Hainan Island. Financial analyst Sara Hsu explains gambling would diversify the tourism industry on the island, but would also hurt the economy in nearby Macau. Two earlier efforts on Hainan were already aborted for political reasons.Read More →

Macau casino’s: a legitimate target in the trade war – Shaun Rein

Not only commodities like soybeans and caviar can be hit by tariffs in the ongoing trade war, China has many more potential targets, like the US casino’s in Macau, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, at Onlinepoker.net.Read More →

How China might use casino’s in the trade war – Shaun Rein

China has many tools to retaliate in the trade war against the US than only putting tariffs on commodities. The lucrative US casinos might a one, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, in Forbes. Read More →

Bigger is not always better, also not in Macau – Shaun Rein

Macau tries to stay relevant by opening six new multi-billion hotels this year alone. But business analyst Shaun Rein wonders whether that is the right strategy. Bigger is not always better, he tells the South China Morning Post.Read More →

Why Macau is losing business – Shaun Rein

Chinese consumers have different requirements from what most international companies are used to. Gambling hotspot Macau is a clear illustration, says branding expert Shaun Rein, where an imitation of Las Vegas fell flat, he tells in Forbes, although it is a must go for mainland tourists, they miss a lot of business.Read More →

What can Macau learn from Las Vegas – Ben Cavender

Gambling enclave Macau faces some stagnation and looks with envy how its US counterpart Las Vegas is doing. Business analyst Ben Cavender tells the Macau Business Daily how Macau can follow in the footsteps of America’s iconic gambling city.Read More →

Why Macau needs a rebrand – Ben Cavender

Macau used to be the first spot for Chinese to gamble with their money. But the enclave is losing its attraction and business analyst Ben Cavender looked at the reasons why Macau is losing its competitive edge to other regional hotspots, at CalvinAyre.com. They should offer more that just gambling for the hard core addict, he says.Read More →