Gaming company Las Vegas Sands (LVS, quote) reported both its quarterly and annual results Wednesday afternoon; the firm had massive profits thanks to strength from its casinos in Macau.
While the American educational system receives a great deal of scorn, its colleges and universities are the choice of consumers around the world, particularly Chinese consumers.
Any economic data from China is always suspect. But reports of richer purses at water buffalo fights could be considered — wait for it… a bullish indicator for the Chinese consumer.
Word on the street is that there are three new emerging market consumer ETFs said to be launched soon.
The many analysts who are arguing that the current slowdown in the Chinese economy is more severe than Beijing wants to let on have a new exhibit A these days: the burgeoning nation’s suddenly stingy power consumption.
Executive Chairman of the Templeton Emerging Markets Group Mark Mobius continues his cheer-leading for China growth.
China medical equipment company China Kanghui Holdings (KH, quote) is a highly profitable business — and much more attractive than better-known competitors such as Boston Scientific Corporation (BSX, quote).