SJM: SJM Hengqin deal strategic, but limited impact: analysts

Macau casino operator SJM Holdings Ltd's plan to convert a commercial property in Hengqin into a hotel could help address the issue of the company's "undersupplied" inventory in the Macau market, suggested Morgan Stanley Asia Ltd in a Wednesday memo. Though it might be a "strategic" move, it will have "limited impact in near term," and [...]