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Fly News Breaks for June 10, 2019
MDEVF
Jun 10, 2019 | 08:36 EDT
On Thursday, HSBC analyst Charlene Liu upgraded Melco International (MDEVF) to Buy from Hold, stating that while the operating environment for the VIP and high-end segments remains challenging, overall Macau fundamentals are not deteriorating and she thinks risks seem factored in following a correction in Macau gamers' share prices. The analyst, who think the sector correction "looks overdone," also upgraded Sands China (SCHYY) on Thursday.
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