SJM Holdings Limited, an investment holding company, develops and operates casinos and related facilities in Macau Special Administrative Region, the People's Republic of China. It operates in two segments, Gaming Operations; and Hotel, Catering and Retail Operations. The Gaming Operations segment engages in VIP gaming, mass market table gaming, slot machine, and other gaming operations. As of December 31, 2017, it operated 20 casinos comprising approximately 1,700 gaming tables and 2,400 slot machines. The Hotel, Catering and Retail Operations segment engages in the hotel business; and provision of catering, retail, and related services. SJM Holdings Limited also provides marketing and promotion, property development, casino operations management, dredging, gaming promotion, and human resources and project management, as well as property and securities holding services. The company was incorporated in 2006 and is based in Central, Hong Kong. SJM Holdings Limited is a subsidiary of Sociedade de Turismo e Diversões de Macau, S.A. USD/JPY drops below 156 as US CPI eases and BOJ rate hike expectations increaseAn increase in rate hike expectations from the BOJ and softer US CPI data see USD/JPY turn lower
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