China Resumes Tourist Visas to Macau, Lifting Casino Stocks
- Neighboring city Zhuhai to first start issuing tourist visas
- Visas to resume for rest of mainland China from Sept. 23
Casino Lisboa at night in Macau, China.
Photographer: Billy H.C. Kwok/BloombergThis article is for subscribers only.
China will resume issuing tourist visas for visitors to Macau, paving the way for the mass return of Chinese punters to the world’s largest gaming hub after months of losses.
Visas for both individual and group tours to Macau from the mainland will be restored in phases. Residents from the neighboring city of Zhuhai, in Guangdong province, will be able to get visas from Wednesday. The wider province will then follow on Aug. 26, before the rest of China on Sept. 23, said a statement Tuesday from the National Immigration Administration.