China's plans to scrap Covid quarantine rules is a win for key Club holdings

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China's plans to scrap Covid quarantine rules is a win for key Club holdings
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Investing Club: China's plans to scrap Covid quarantine rules is a win for key Club holdings

China's latest move to roll back its zero-Covid policy by scrapping quarantine restrictions for international travelers is the last leg of recovery we've been waiting for to help bolster Club holdings that have been weighed down by three years of stringent pandemic rules. Club names with significant China exposure were trading higher on the news Tuesday.

People use their smartphones to take photographs outside The Wynn Macau casino resort, operated by Wynn Resorts Ltd., in Macao, China, on Tuesday, Jan. 30, 2018.China's latest move to roll back its zero-Covid policy by scrapping quarantine restrictions for international travelers is the last leg of recovery we've been waiting for to help bolster Club holdings that have been weighed down by three years of stringent pandemic rules.

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