Over the past couple of weeks, we would have probably read quite a number of news articles where President Xi visited Macau during the 20th anniversary of its handover to China.
Article: Chinese leader Xi Jinping visits gambling hub Macau as nearby Hong Kong seethes
Article: Xi Jinping visits Macau for handover anniversary as nearby Hong Kong seethes
Article: Has President Xi finally set Macau on the path to shedding its reliance on casinos and becoming a financial hub?
These are just a couple of articles if you missed out reading about it. However, this begs the question, why the stark contrast between Hong Kong and Macau?
In my recent ShareInvestor 2020 Market Outlook Event, I shared some of my thoughts with regards to why there is such a difference between Hong Kong and Macau. I have decided to elaborate it further in this article today; however, do...