sun city's junket operator in macau was macau's largest junket operator and these operators bring inll macau's vip rooms and extend credits to them to some of these practices are in the gray area and ira from beijing who are concerned about capital outflow and money laundering. that is why beijing has been cracking down on junket operators over the past decade. with the arrest, it is an unprecedented crackdown on the junket operator and analysts are saying this may be the end of the operators and macau's vip revenue, which accounted for one third of overall gaming revenue may become nonexistent in the future. paul: sun city sold off pretty hard last week. it is going to resume trading today. what can we expect? >> since the arrest on november 30, the company has plunged 46% while the company does not operate a junket operation in macau, it operate overseas casinos and hotel and travel agencies and businesses like that. it itself is facing uncertainties while china is cracking down on overseas gambling. we have not really seen any positive news that could reverse the downward trend of

the ip revenue in turn accounts for one third of macau's gaming revenue.at in november, the gaming revenue remained little changed from the previous year. in december, more uncertainties, including the junket crackdown, as well as uncertainties over omicron. so it is very likely we will see gaming revenue in december being greatly impacted. haidi: our reporter shirley zhao. here's a check of the latest business flash headlines. general motors boosted its forecast at expect to learn $14 billion in pretax profits. the cfo said sales have been strong and gm has been able to mitigate loss production caused by the chip shortage. he says the semiconductor crunch has stabilized, but doesn't expect normal inventory until at least 2023. unicredit is planning around 3000 more job cuts as its ceo doubles down on profits after an era of restructuring. many of the cuts will come from the italian lenders corporate center to reduce bureaucracy. also set to boost the current dividends policy and focus on more lucrative products and i businesses. disney has named susan arn

other news, a macau person said it could possibly open up to visitors one other piece of gaming newsfic games ended the day up 9% on news it will not complete the full acquisition for the rest of sci-play this was part of the strategy to amp up digit at gaming offerings. reportedly scientific games was reportedly not interested in negotiating. it's down 13%. sometimes you have to know when to hold them, and know when to fold them. >> you should put that into song those are good lines. >> the lawyers get mad at me if i try to sing it, so i just let it alone >> good stuff. contessa brewer, we appreciate it. >>> that's why contessa is the best she literally says the note is a nothing burger let's go around the horn steve grasso, kick it off. the casino names rose the same as hotels and airlines everybody bought anything having to do with people going somewhere and spending some coin. >> do you think the recovery is going to happen faster in macau or faster in vegas i'm of the believe touch happen faster in vegas. i believe that people in the states who have never been to vegas are more

the big news to me, the stock doesn't get any credit for macau at all it's just valued on boston andtoday is how many licenses will be allowed and it seems like it will stay at six if that's the case, wynn is absolutely -- wynn and las vegas sands, both of them are in very good shape wynn is down 22% on the year down 37% from the highs. i don't think it will take a lot to get the stocks higher i'm surprised these stocks are not up higher. >> down 21% for the year shares of nikola rallying today after the company said it completed the delivery of its first electric vehicle josh lipton has more >> nikola stock soaring today on track for its best week here since june still down about 30% so far this year another name to watch, tesla, also in the green on track for its best week since late october. it's up about 50%. other names to mention quickly, blink charging, lords town motors, both also down significantly year-to-date i will end on gm, they are not going to ces but they will still unveil their chevy silverado ev on january 5th >> thank you steph, tesla is at the top of s&p 500 agai

. >> do you have a strong view on the macau stocks regardless of where they're listed g just whetherof the u.s. casino operators in macau might be seized in some form going specific >> i'm unsure what is going to happen there i can say that it is not views separate as corruption and the common prosperity program that jinping put forward and seen a crackdown on chinese companies there and will continue to see a tightening in the gaming sector in macau and based on the notions of corruption in that sector and again what xi is looking to do with respect to common prosperity. >> thank you for joining us. >> thank you >>> up next, investor eric jackson on whether he is buying tech stocks. whether he thinks there's more downside to come later the latest from elizabeth holmes' fraud trial. we'll be right back on "closing bell." what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq >>> welcome back let's h

and you mentioned macau there, i would stick with mgm. >> your strong on the the white board tonight,rasso. you use the white board. >> can't get away from it. >> you'll be at dinner table holding that thing up. pass the salt, please. let's move on to beyond meat, guy, trade it or fade it >> well speaking of passing the salt, that is what you need. i'm not a fan of the product you know what it does to my constitution but if you look at where this just traded down to, you have a chance for a huge double bottom and a bounce i think piper just initiated the name i think you'll see some naumts upgrade it just on valuation loan so i'm trading this sucker. >> see what you do there double bottom. >> okay. bono wynn, trade it or fade it >> i better watch my back following the godfather. but i'm fading it. the fundamental and technical back drop are not good here. burning cash, compressing margins and they've tried over and over again to get partner shirps and there has been no follow through so why i do buy into the long-term technical trade or of alternative meat, beyond meat is just not per

and macau casino stocks falling after the city reported its first case of omicron on monday. the government says the case was found in a resident returning from the u.s. via singapore. taiwan is bracing for more chinese military patrols in 2022 after incursions more than doubled this year. it is fueling concern about a clash between the region's big powers. chinese warplanes made -- since january. this according to data from the ministry of national defense in taipei. the transport industry bracing for another roller coaster year of supply chain pain. the international road transport union says around 1/5 of all professional truck driving jobs are unfit, despite many employers offering increased wages. southeast asia markets are opening up, let's look at how we are doing. playing catch up to yesterday's u.s. a session. malaysia up 2/10 of a percent. indonesia up about 4/10 of a percent. the philippines up 1/10 of a percent. here's a look at singapore. plenty more ahead on bloomberg. ♪ david: this is my kitchen table and also my filing system. over much of the past three decad

now sons of 6 bad pass by jordan poole macau bridges. the pride and joy of great valley high out there in pennsylvania with the dunk. that was his only 2 points. but he was a plus 21 on the night to suffocating on defense later on, though suns lead cut to 2 paul steele to gary payton. the second he slams it. payton is the warriors defensive stopper once again only down by 2 at the end of the 3rd. all right. let's get to the 4th money-making time. the knicks up by 4 hit to the head that she owns a. curry to that i didn't think i would be saying that this year warriors cut it to one later cp 3 to crowder. alternate veteran. he hits the 3 phoenix starting to pull away. here was the dagger hand down, man down landry shamet, a former 76 er. 104 to 96 the sun extend their win streak. his 17 points. check out the college kids one of the best college hoops programs of the young season is right here in the bay. usf men's hoops. >> they're off to its best start in 45 years and they're just want to 20 and be in team left in the nation. that's thank

2050 protest is in the capital of georgia. tbilisi have demanded the release of a former president. macau soccer field is protest is the place to go on hunger strike until his freed up is released was imprisoned when he returned from international exile in the world. food program has issued a dire warning to the international community. millions of people in war ravaged, yemen could be pushed into starvation because the program has been forced to reduce a food rash. 8000000 people from january. you an agency says i don't have not stepped up with funding to feed the desperately hungry it's meal time for this year, many mother and had 3 daughters. the families village was destroyed by air strikes . now they live in a camp for internally displaced people relying on aid from the world food program. 7 years of fighting between hootie rebels and sadie back government forces has created what many consider the world's worst humanitarian crisis. food and medical shortages are causing millions to suffer, including many children in the children's ward of the also been hospital in santa, the sufferin

macau's first omicron case sent casino stocks plunging today, almost 5%. another big mover on the hang seng is evergrande, rising as they face a coupon payment deadline for a 2023 bond and 2025 note. it also is set to resume construction on 90% of housing projects. big investors say em assets will rise in 2022 as inflation moderates and growth accelerates. that's a consensus among the likes of goldman sachs and j.p. morgan chase. a quick look across the markets, a typical day for the golden dragon. you can see the csi 300 down 1/10 of 1% right now. we have japan holding onto gains. we have that are than forecast i.t. data. the index up 1%. hang seng down on casino stocks and tech shares. we have two year yields a lot -- yields rising. this is bloomberg. ♪ david: this is my kitchen table and also my filing system. over much of the past three decades, i've been an investor. the highest calling of mankind, i've often thought, was private equity. [laughter] then i started interviewing. i watched your interviews, so i know how to do some interviewing. [laughter

macau wednesday with hotel occupancy rates.hursday we get south korea's industrial production as well as balance of payment from thailand and india. on the final day of 2021. south korea inflation, china pmi and india's budget deficit are all due. rishaad: lots of markets today are having half days including in hong kong, the philippines, and others looking also at the next week. these are some that intend to close. hong kong, christmas falls on the 25th, a saturday, pushed to monday. australia gets boxing day as well, on a sunday. on the 30th and friday it will be rather quiet. let's look then at headlines. haslinda: chinese budget week. considering a second listing in hong kong. working with bank of america and ups. it could raise hundreds of millions of dollars. the lockup for didi global early investment is set to expire december 27. investors will be allowed to sail shares -- sell shares as they await clarity on didi's hong kong listing plan. it is preparing to delist from new york following demands from chinese regulators

that he is not going to experience a at cruet camp, makes me so thankful that other people did get to macau. he start go ahead. i mean, i think that's really beautiful and i really love the, the idea of the value in community. you know, i think that for us we had the word community tape to the wall of our room and we thought about it all the time as kind of the core of what this is about. this idea that there is community across all the diversity and difference of disability and part of the power of that. but as you know, one of the activist says in the film you, if you're, you know, using a wheelchair, you don't know necessarily what it's like to be blind. so you're going to listen to someone. and when they tell you what their truth is, you're going to see it and believe that and trust them about their experience and fight for them the way they're fighting for you, you know, and i, i think that's, that's so beautiful to, to recognize and value the importance of that, and we really hope that this film would be an on ramp, so to speak, for lots of people to be able to find community in, in d

and months. oppositional supporters in georgia demanding the release of jail, the former president macau soccer shrilly up a doctor said he was tortured in custody. thousands rallied in front of parliament in the capital to b. c. threatening a mass. hunger strike successfully was arrested in october after returning from exile in ukraine. he was convicted of abuse of power. a charger he says is politically motivated. tens of thousands of people in argentina have marked 20 years since an economic crisis sparked large scale protests and riots. known as the great crisis of 2001 years of austerity culminated with a government decision to limit cash withdrawals will ac spark outbreak on the streets and the police crack down there for 39 people dead or critics say 20 years on the situation in argentina is no different, a government's in the midst of talks with the international monetary fund to restructure $44000000000.00. it owes to reasonable reports from what has ours. so this building housed at disco prior to the cove. it pandemic. but the loved down and argentina's, already shaky economy,

the opposition leader and former president macau soccer. she really is freed from jail thousands of support as much through the capital tbilisi to parliament trying to pressure authorities to hold us. nat election successfully was arrested last year after returning from exile in ukraine . he was convicted of an abusive office, which he says was politically motivated. doctors say he's been tortured walton custody. the philippines military is racing to deliver food and water to the typhoon ravaged, islands, survivors of the deadly cycling trying to return to their homes. 375 people that confirmed dead and doesn't still missing charity say hundreds of thousands of people left homeless are in need of 8. the ruler of de by shake mohammed been russia del mar. tomb has been ordered to pay his ex wife a more than $700000000.00 divorce settlement. a high court judge in london said the greatest threat to princes hire and her children is from her ex husband. i fled to the u. k. in 2019 with their 2 children. in an earlier hearing, a judge found on the

and months. opposition supporters in georgia demand in the release of jail, the former president, macau shaka, she, really of the doctor said he was tortured in custody. thousands rallied in front of the parliament building in the capital to lucy, threatening a mass hunger strike. sarkis really was arrested, not tobar, off returning from exile in ukraine. he was convicted of abuse of power charge. he says, is politically motivated. now tens of thousands of people in argentina have marked 20 years since an economic crisis sparked large scale protests and riots known as the great crisis of 2001 years of austerity culminated with a government decision to limit the cash withdrawals. well, that sparked outrage on the streets than a police crank down the left 39 people dead. what critics say 20 years on the situation in argentina is no different. a governance in the midst of negotiations with the international monetary fund to restructure $44000000000.00. it owes to the global fun to read about reports when, as ours saw, this building housed at disco prior to the cove. it pandemic. but the lo

the former president, macau soccer. really off, the doctor said he was tortured in custody. thousands rallied in front of the parliament in the capital, tbilisi threatening a mass hunger strike. soccer billy was arrested in october after returning from exile and ukraine. he was convicted of abuse of power, a charge. he says is politically motivated. tens of thousands of people in argentina have marked 20 years since an economic crisis. spock large scale protests and riots known as the great crisis of 2001 years of austerity culminated with a government decision to limit cash withdraws. well, that sparked outrage on the streets and the police crackdown that left $39.00. people said, well, critics say 20 is on the situation in argentina, is no different. the government's in the midst of negotiations with the international monetary fund to restructure $44000000000.00. it owes to the global fund theresa by reports from going as iris law. this building housed at disco prior to the cove. it pandemic. but the loved down and ar

we are speaking now to shed rep, macau he was there once a neighbor of the late archbishop frederick, you said he was a community lead language was much love tennis about him. we know about his contributions. we went into her in england and when he came here because as a church leader were so proud was, it isn't good. the roadman home and different did not disappoint us. he lived to his, he was the humble in a project boardman. we actually noted whenever there was occasions or whatever you invite other neighbors. and i'm so proud to be the one who actually among the neighbors or actually contribute to actually to read i. we still can't to control tons of to the family. we the really nice and good man a we're the leader, a man. we just resent as a big and he was a giant in terms of the prominent leadership in south africa. what is the legacy you believe he's left behind the la garza which he left behind and he actually became the leader or the truth and reconciliation commission. we to us was appointed by our 1st democratic president nelson mandela. to be. is there any doctor shedra? t

same area opposition supporters in georgia are demanding the release in jails. former president's macau 2nd, really dr. say he was tortured in custody. thousands rallied in front of parliament's and the capital belief threatening and my hunger strike. that is really was arrested in october after returning from exile in ukraine. he was convicted of abusive power attorney, but he says, is politically motivated. the jury england maxwell sex trafficking trial has asked to review, printed testimony of 3 of her accusers, the british social. i pleaded not guilty to grooming teenagers for under age sex with her former boyfriend and convicted sex offender, jeffrey epstein. she faces up to 70 years in prison, if found guilty. tens of thousands of people and argentina have mar 20 years since in economic crisis sparked large scale protests and riots ah, known as the great crisis of 2001 years of austerity culminated with a government decision to limit cash withdrawals. that sparked outrage on the streets and the police crackdown left 39 people dead. while critics say 20 years on the situation in ar

session in asia, and particularly watching the seldom -- a sell down in tech players, and particularly macau casinos as we heard about the omicron case in china. property developers, as you mentioned, hitting a record. also of course flowing through into a number of other property developers because we have contagion concerns as well. evergrande toward a record low today as well. it's not just stocks only seeing shimao bonds. a lot of concerns about the sector. the effects and what will mean about the downturn in the property sector weighing on chinese economic growth. jp morgan saying the shimao deal is a red flag, cutting shimao to underway. manus: thank you very much, juliette saly with the latest on china and the asian market session. two ubs in switzerland. some of its former bankers have had punishments cut in paris, the bank was accused of helping to launder money. french residents had not declared to the tax man. let's bring in our finance editor. the big story is more the penalty on the bank, isn't it? walk me through the scale of what has been delivered relative to what we expected

we got a whisper that maybe the prc mayor may not be happy with what's going on in macau the market is00 shares and move it. what is that about, david? >> it's a quiet time of year we know that these are the last trading days of the years, though people have been working from home for forever, so i guess it doesn't matter, including you. >> david, working from home -- i think i should be wearing what you wear when i'm at home, but this is what i wear at home. it's different last night i came down for dinner, i eat dinner in my tie, then i watch hitler apocalypse, next thing i know, i'm lying down, and off comes the jacket. >> the tie never comes down. the interview you did, priceless, to me that's 24-hour wear now >> thank you. >> that was an interview and a half. >> i still hope that zegna sends me that cool jacket. >> we'll keep looking at your vest >> thank you, thank you. i want to change it up and come back on jd.com tencent selling what was a significant stake in the company. they own some others, i think some pin duo duo >> pin duoduo it's obvious that xi does not like anybody w

vegas property for about 6.5 billion to sure up their balance sheet, they're doubling down on their macaurly cheap, has been beaten up but i think will do well in the coming years. >> the travel and hospitality space has done exceptionally well so far this week thank you for joining me today for more trading nation, head to our website or follow us on twitter. tyler? >>> all right. thank you very much. from here to ethereum. bitcoin was the next big thing until ethereum came along, now newer play keaers could be comi for a slice of its pie that story is next >>> now the latest from tra tradingnation.cnbc.com >>> if you're an active trader, sitting on the sid leline can be difficult. during times of high volatilvoly you may want to trade less when things really get crazy, sometimes the best trade to make is no trade at all schwab is the better place for traders. on my travels across the country i came across this house with water dripping from the ceiling. you never know when something like this will happen. so let the geico insurance agency help you with homeowners insurance and protect y

now sons of 6 bad pass by jordan poole macau bridges. dunk. that was his only 2 points. but he was a plus 21 on the night to suffocating on defense later on, though suns lead cut to 2 paul steele to gary payton. the second he slams it. payton is the warriors defensive stopper once again only down by 2 at the end of the 3rd. all right. let's get to the 4th money-making time. the knicks up by 4 hit to the head that she owns a. curry to that i didn't think i would be saying that this year warriors cut it to one later cp 3 to crowder offs. i'm veteran. he hits the 3 phoenix starting to pull away. here was the dagger hand down, man down landry shamet, a former 76 er. >> 104 to 96 the sun extend their win streak. his 17 points. check out the college kids one of the best college hoops programs. >> of the young season is right here in the bay. usf men's hoops. they're off to its best start in 45 years and they're just want to 20 and be in team left in the nation. that's thanks in part to a veteran backcourt duo. jamari and kohli osha bad. they'v

now some of 6 bad path by pool macau bridges takes it the other way pride and joy of villanova universitygh school booker loving it later on suns lead cut to 2 cool with the steal. he gets it up ahead to gary pain. hey, im just makes plays for the warriors. team 8 points off the bench warriors once again down by 2 this time at the end of 3 4th quarter money-making time phoenix by forced curry he owes a big cheese. get me off 3 of those. one thing i'd be saying curry the cheese this year. later in the 4th chris paul. jae crowder has been so good for the suns over the past year and some change phoenix starting to pull away. and this was the cherry on the landry shamet. >> their 3 sons when one oh, 4.96. they've now won 17 games in a row. the warriors streak and at 7 these 2 teams will be playing again on friday. but draymond green thinks they could be playing again later later in the year. >> out. but can your vision is in western conference finals. yeah. the. you got to the veterans day. >> work caught a lot people to see the. big guy to just want hurt some earlier, it just of them. >> and

now sons of 6 bad pass by jordan poole macau bridges.a with the dunk. that was his only 2 points. but he was a plus 21 on the night to suffocating on defense later on, though suns lead cut to 2 paul steele to gary payton. the second he slams it. payton is the warriors defensive stopper once again only down by 2 at the end of the 3rd. all right. let's get to the 4th money-making time. the knicks up by 4 hit to the head that she owns a. curry to that i didn't think i would be saying that this year warriors cut it to one later cp 3 to crowder. alternate veteran. he hits the 3 phoenix starting to pull away. here was the dagger hand down, man down landry shamet, a former 76 er. >> 104 to 96 the sun extend their win streak. the 17 point. check out the college kids one of the best college hoops programs. >> of the young season is right here in the bay. usf men's hoops. they're off to its best start in 45 years and they're just want to 20 and be in team left in the nation. that's thanks in part to a veteran backcourt duo. jamari and kohli osha b

16 4 run to end the half warriors down to it. 3rd quarter now sun's up 6 bad pass by jordan poole macaue pride and joy of great valley high out there in pennsylvania with the dunk. that was his only 2 points. but he was a plus 21 on the night to suffocating on defense. suns lead cut to 2 paul steele to gary payton. the second he slams it. payton is the warriors defensive stopper once again only down by 2 at the end of the 3rd. all right. let's get to the 4th money-making time. the knicks up by 4 hit to the head that she owns a. curry to co za. i didn't think i would be saying that this year warriors cut it to one later cp 3 to crowder. alternate veteran. he hits the 3 phoenix starting to pull away and here was the dagger hand down, man down landry shamet, a former 76 er. 104 to 96 the sun extend their win streak. the 17 point. check out the college kids one of the best college hoops programs of the younk season is right here in the bay. usf men's hoops. they're off to its best start in 45 years and they're just want to 20 and be in team left in the nation. that's thanks in part to a vet

16 4 run to end the half warriors down to it. 3rd quarter now sun's up 6 bad pass by jordan poole macauley high school. i'm out here in pennsylvania with the dunk. that was his only 2 points. but he was a plus 21 on the night to suffocating on defense. suns lead cut to 2 paul steele to gary payton. the second he slams it. payton is the warriors defensive stopper once again only down by 2 at the end of the 3rd. all right. let's get to the 4th money-making time. the knicks up by 4 hit to the head that she owns a. curry to co za. i didn't think i would be saying that this year warriors cut it to one later cp 3 to crowder. alternate veteran. he hits the 3 phoenix starting to pull away and here was the dagger hand down, man down landry shamet, a former 76 er. 104 to 96 the sun extend their win streak. his 17 points. check out the college kids one of the best college hoops programs of the young season is right here in the bay. usf men's hoops. they're off to its best start in 45 years and they're just want to 20 and be in team left in the nation. that's thanks in part to a veteran backcourt d

now sons of 6 bad pass by jordan poole macau bridges.de and joy of great valley high out there in pennsylvania with the dunk. that was his only 2 points. but he was a plus 21 on the night to suffocating on defense later on, though suns lead cut to 2 paul steele to gary payton. the second he slams it. payton is the warriors defensive stopper once again only down by 2 at the end of the 3rd. all right. let's get to the 4th money-making time. the knicks up by 4 hit to the head that she owns a. curry to co za. i didn't think i would be saying that this year warriors cut it to one later cp 3 to crowder. alternate veteran. he hits the 3 phoenix starting to pull away. here was the dagger hand down, man down landry shamet, a former 76 er. 104 to 96 the sun extend their win streak. the 17 points we will hear from steve kerr in the 10 o'clock hour. let's check out the college kids one of the best college hoops programs of the young season is right here in the bay. usf men's hoops. >> they're off to its best start in 45 years and they're just want t

we have learned that macau's citigroup has ceased its junket operations.st month with establishing -- for establishing gambling platforms. crown resorts says its value is underpinned by a significant company portfolio that was valued at about $3 billion at the end of june. they said they are making specific progress in its remediation plan walk confirming it is scrapping dividends for the first half of 2022. crown was given a couple of years to address a litany of misgivings -- miss doing. we are looking at this rise in commodity prices. we heard from the three-day conference that it is likely to see we will feet -- see further stimulus from china. we are seeing futures withstand a run of four weekly gains. the longest winning streak since may. a number of economists predicting they will add fiscal stimulus here. that will continue to boost demand for commodities. rishaad: let's quickly check in with what is going on with the chinese markets as we head toward the lunch break. we have these sector groups. utilities up 5.4%. consumer staples doing very well.

like did closure and then macau but stabilizing and las vegas accelerating and i don't think it is gettingbut it is more volatile. i like it for the long term. >> best performing sub sectors, food, airline, casinos and hotel. two minutes to go. what do you see heading into the close? >> strong today. been strong most of the day unlike like i said on the monday rally. better than 4 to 1 not far from 5 to 1. that is a plus the average stock outperforming the index. we were very washed out on some measures but new lows on the nasdaq still piling up more than 600 new 52-weeks on the nasdaq smaller cap side of -- has backed off a bit probably just enough to give the bulls comfort down almost 3 points today under 29 the high under 32. some people looking for a close under 29 to say maybe finally that means things are more stable but there's more distance to go to prove that. >> we'll end strong here the dow up about 591 losing a few points heading into the lose we did bra eeak the two-day losg streak s&p 500 breaks the streak today. it is gaining. best performing sector is financials, industrial

macau. the new regulations, industry profits, stay tuned.ss brings something new. so get the flexibility of the new mobile service designed for your small business. introducing comcast business mobile. you get the most reliable network with nationwide 5g included. and you can get unlimited data for just $30 per line per month when you get four lines or mix and match data options. available now for comcast business internet customers with no line-activation fees or term contract required. see if you can save by switching today. comcast business. powering possibilities. >> novavax booster showed immune response joining us novavax ceo, stanley, we were talking earlier about the relative attractiveness of novavax versus the messenger mrna ability to store it more easily and maybe transport it more easily and its shelf life is quite a bit longer. is it more, your technique, which is actually putting the spike protein against it's in a, you can explain it in a nanoparticle you've isolated it, manufactured the spike protein, itself, you put that an

wynn macau coming under significant pressure. this story seems to not be going away and impacting this risk at a time when you still have border closures and other factors hitting casino players. rishaad: a drag on a day across the borders. let's check in with the markets. a mixed bag. shanghai composite pretty much flat. chinext about .8% low. we do have the chinese vice premier saying the 2021 gdp growth will exceed the target, which was 6%. likely to see a maintenance of what has been going on. the stability and sustainability of nalco policies reporting to the vice premier -- macro policies reporting to the >> the threat is way higher for inflation has grown. the task has been met now. the word transitory has different meanings to different people. it is probably a good time to retire that word. it is time for the policy to adapt. you will see it adapt. we will use our tools to make sure inflation does not become entranced. -- entrenched. perhaps it will happen in a meeting. >> fed chair jerome powell. where in hong kong and