UBS released a research report saying that the National Immigration Administration announced that residents with household registration in Zhuhai will be able to apply for a “one trip a week” to Macau starting January 1 next year; while residents of the Hengqin Guangdong-Macao Deep Cooperation Zone will be able to “travel more than one trip” to Macau.
The bank believes that the above move is moderately beneficial to Macau's shares and reflects the central government's support for Macau, but due to the small coverage, it is unlikely to bring about a significant increase in gaming revenue. The bank is still optimistic about Macau's gaming industry; the first choice is Sands China (01928).