CNBC Investing Club

Investing Club: What we're watching Thursday afternoon — two Trust holdings hit 52-week highs

Chinese President Xi Jinping during the opening ceremony, 2022 Beijing Olympics, National Stadium, Beijing, China, February 4, 2022.
Anthony Wallace | Pool via Reuters
  • As mentioned in today's Morning Meeting, here is the Wall Street Journal story detailing Chinese President Xi Jinping's pledge to reduce the economic and social impact of the country's Covid-19 control measures. The implications? China moving away from its zero-tolerance Covid-19 policy would be very positive for the Macau casino operators (like Club holding Wynn Resorts) to international travel (perhaps Boeing — China needs more planes) to manufacturing and retailers that operate in the region.