Macau Property Opportunities Fund Ltd - closed-end investment company registered in Guernsey and dedicated to investing in Macau - After "disappointing" first half, reports improved second half with pandemic coming under control in the region. Says cause for "cautious optimism" in 2021.
Portfolio valuation USD273.8 million at September 30, up 0.1% from June 30.
"Needless to say, Macau's economic recovery remains heavily reliant on the successful containment of Covid-19 in the region. While both Macau and China have managed the pandemic well so far with strict public health measures and decisive action to contain outbreaks, any resurgence in the virus could derail Macau's economic recovery," company says.
Current stock price: 67.25 pence
Year-to-date change: down 2.9%
By Lucy Heming;Â lucyheming@alliancenews.com
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Macau Property (MPO)