The Real Story On The Chinese Yuan Devaluation

Discussion in 'Economics' started by Stockolio, Aug 12, 2019.

  2. vanzandt


    Hey Olio...
    What is this and all the BS in Hong Kong going to do to the Macau gaming operations?
    Seems like between HK, the devalued currency, all the banking stuff, their slowing economy... I'm thinking WYNN might take a pretty decent hit. I haven't looked at their Q's in awhile, need to see what's going on, I see they're at $110. Thats pretty low already. Probably late to the party.
    Either way, your thoughts on Macau?
  3. No idea... Just heard in past that Macau is a laundering place to convert RMB to USD, less laundering less income ?