Wynn Resorts Ltd (WYNN)

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Wynn Tops BofA List of US Stocks with China Exposure
By: TheStreet | June 29, 2022

• Wynn Tops BofA List of US Stocks with China Exposure

There is plenty to worry about if you’re investing in China -- from deteriorating relations with the U.S., to supply-chain turmoil, to slowing economic growth.

Bank of America strategists raise another point. “Russia's invasion of Ukraine may have increased the risk of a potential China-Taiwan conflict,” they wrote in a commentary.

“China-Taiwan poses a much bigger threat to the S&P 500 and global economy, given Taiwan's role in supplying over 90% of the world's advanced semiconductors.”

So BofA formed a list of the S&P 500 companies with the highest sales exposure to China.

Here are the top 10 on the list.

1. Wynn Resorts (WYNN), a casino company. Revenue exposure to China: 70%...

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