中信建投指出，博彩板块兼具供给以及优质出境游目的地所致的需求韧性、行业格局稳定性、盈利能力和现金流优质等属性，未来偏存量运营逻辑下，关注龙头若提升分红及股东回馈带来的投资性价比。供给优化主要在当前部分新增核心物业的建设培育，精细化运营及海外发展等。短期关注惠港惠澳政策持续推进，非博彩发展等。Gaming stocks picked up in early trading. As of press release, Sands China (01928) rose 4.26% to HK$19.58; Melco International Development (00200) rose 2.43% to HK$4.64; Aobo Holdings (00880) rose 2.33% to HK$2.64; and Galaxy Entertainment (00027) rose 1.86% to HK$32.9.
The Zhitong Finance App learned that gaming stocks picked up in early trading. As of press release, Sands China (01928) rose 4.26% to HK$19.58; Macau International Development (00200) rose 2.43% to HK$4.64; Aobo Holdings (00880) rose 2.33% to HK$2.64; and Galaxy Entertainment (00027) rose 1.86% to HK$32.9.
According to the news, according to data from the Macao Statistics and Census Service, the total number of inbound visitors in October this year was 3.1354 million, up 13.7% year on year, returning to 97.7% in the same period in 2019; up 24% compared with September. According to customer source analysis, the number of visitors from mainland China increased by 16.1% year on year to 2.2634 million in October; the number of visitors from the Hong Kong Special Administrative Region decreased by 0.2%; the total number of international visitors was 0.2123 million, up 31.2% year on year, recovering to 98.8% in the same period in 2019.
CITIC Construction Investment pointed out that the gaming sector has attributes such as supply and demand resilience due to high-quality outbound travel destinations, industry pattern stability, profitability, and high cash flow. Under the future partial stock operation logic, focus on the investment cost ratio brought about by leading companies if they increase dividends and shareholder feedback. Supply optimization mainly involves the construction, cultivation, refined operation, and overseas development of some new core properties at present. In the short term, focus on the continued advancement of policies benefiting Hong Kong and Macao, not gaming development, etc.
