Sources tipped that Chinese officials are looking into using travel bubbles, collecting data on new antiviral drugs and looking for supply partners for Chinese mRNA vaccines. Specific policy changes, including potential loosening of some COVID restrictions, are anticipated to be enacted in the spring.
Chinese public-health experts have been quoted publicly as saying that data shows an Omicron infection is roughly as dangerous as the flu for most people under 60 years of age.
That all potentially sets up for a bounce in traffic to Macau later this year.
Shares of WYNN rose 9.31% and traded as high as $89.91 vs. the 52-week trading range of $76.03 to $143.88.