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According to China Government's Liaison Office in Macau announced that the State Council has approved the new opening time arrangements for three borders connecting Macau with Zhuhai from 18 December. The research house believes the policy for the Hengqin Border to be operational for 24 hours reflects the central government's support for the long-term development of Macau's gaming industry, which is expected to boost up visitor traffic. Cotai operators (Sands, Galaxy, Melco) will be benefited from the new border policy. Moreover, it is expected that MELCO CROWN (06883.HK)  +1.700 (+2.628%)    Short selling $381.27K; Ratio 7.636%   's Studio City project will benefit the most from the tourist flows as its location is right beside the border gate of Hengqin.

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