Hong Kong stocks fluctuate | Macau Casino stocks rose today as the market anticipates supportive policies for tourism in Macau. Morgan Stanley predicts a 3-4% growth in Macau's gaming revenue in the fourth quarter.

The Macau Casino stocks rose today, as of the time of this report, MGM CHINA (02282) increased by 4.09%, reporting at 10.18 HKD; SANDS CHINA (01928) increased by 4.28%, reporting at 21.95 HKD; GALAXY ENT (00027) increased by 1.94%, reporting at 36.85 HKD; MELCO INT'L DEV (00200) increased by 1.78%, reporting at 5.15 HKD.

Zhitong FinanceDec 12 01:21 ET

[Brokerage Focus] JPMorgan expects Q4 Macau Gambling revenue to increase by 3% to 4% quarter-on-quarter, with GALAXY ENT (00027) as the top pick.

Jinwu Financial News | JPMorgan released a research report indicating that the gross gaming revenue in Macau for the first eight days of December was 4.5 billion (Macau Pataca, the same below), which corresponds to a daily average of 0.562 billion Patacas, a 9% decrease compared to the average daily gaming revenue in November, but within expectations. During this period, the gross gaming revenue from the mass market business was about 105% of the pre-pandemic level, while VIP rooms recovered to about 20% to 23%. Although growth in gaming revenue is expected to slow in December, a quarterly increase of 3% to 4% is still anticipated for the fourth quarter, reaching the highest level in 20 quarters, and this growth momentum is believed to support the industry in meeting the general expectations for the fourth quarter and this fiscal year.

Golden Security Financial News.Dec 10 21:53 ET

Hong Kong stocks move | Macau casino stocks generally rise as Goldman Sachs expects synchronized growth in inbound and outbound tourism in mainland China next year, bullish on the industry benefiting from policy support.

Macau casino stocks generally rose. As of the time of writing, Sands China (01928) increased by 4.13% to 21.45 HKD; Galaxy Ent (00027) rose by 2.21% to 37.05 HKD; MGM China (02282) went up by 0.9% to 10.04 HKD; Wynn Macau (01128) increased by 0.67% to 6.04 HKD.

Zhitong FinanceDec 9 21:28 ET

Daiwa Capital Markets: The preferred choice in the Macau gaming industry remains Sands China (01928) with a target price of 46 HKD and a "buy" rating.

Daiwa capital markets has set a target price of 46 HKD for Sands China and a target price of 28.6 HKD for Galaxy Ent (00027), both rated as "buy".

Zhitong FinanceDec 4 01:00 ET

Is There Now An Opportunity In Galaxy Entertainment Group Limited (HKG:27)?

Simply Wall StDec 2 19:48 ET

Consumer potential has been validated by data! Hong Kong stock tourism concept stocks have been popular for several consecutive days, with meilan airport rising nearly 13%.

① Hong Kong stocks in the travel concept sector have been popular for several days; what bullish factors are driving the sector's trends? ② The potential for travel consumer spending has been validated; how do institutions view it?

cls.cnDec 2 02:32 ET