China has loosened coronavirus-related border restrictions between Macau and the neighbouring coastal province of Guangdong, sending shares of Macau casino operators surging on hopes of a quick pickup in demand.
Some analysts were upbeat about recovery prospects.
But Vitaly Umansky, an analyst at Sanford C. Bernstein, noted hurdles to movement into and out of Macau remain. Visitors must also still test negative for the coronavirus in the previous seven days and must hold green health codes for Macau and Guangdong.
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