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Hong Kong stocks unusual movement | Most gambling stocks are up. Lucky gambling revenue in the first seven months increased by more than 50% year-on-year, and the number of international visitors entering Macau has increased 1.2 times.
Most of the Macau casino stocks are rising. As of press time, MGM China (02282) rose 4.07% to HKD 11.24; Galaxy Entertainment (00027) rose 3.21% to HKD 32.2; Sands China (01928) rose 2.98% to HKD 15.20; Wynn Macau (01128) rose 2.43% to HKD 5.47.
Galaxy Entertainment Group Limited (HKG:27) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
HK Stock Market Update: Macau casino stocks rise, with a 1.2-fold increase in international visitors to Macau in the first seven months. Citigroup maintains its forecast for August gambling revenue in Macau at MOP20 billion.
Macau casino stocks generally rose. As of the time of writing, Sands China (01928) rose 4.53% to HKD 14.76, Wynn Macau (01128) rose 4.01% to HKD 5.45, and Galaxy Ent (00027) rose 3.89% to HKD 30.7.
Galaxy Ent. (00027) rose by nearly 3% after the announcement of its performance. Shareholders' attributable net profit for the first half of the year increased by more than 50% year-on-year, and a dividend of HKD$0.5 per share is proposed.
Galaxy Ent (00027) rose by nearly 3% after the performance announcement. At the time of publication, it increased by 2.88% to HKD 30.4, with a turnover of HKD 70.2511 million.
Galaxy Ent (00027.HK) receives a shareholding reduction of 4.675 million shares from The Capital Group.
According to the latest equity disclosure information from the Hong Kong Exchanges and Clearing Limited, on August 13, 2024, Galaxy Ent (00027.HK) was reduced by The Capital Group Companies, Inc. by 4.675 million shares at an average price of HKD29.2987 per share, involving approximately HKD0.137 billion. After the reduction, the latest number of shares held by The Capital Group Companies, Inc. is 345,472,664 shares, with a shareholding ratio decreased from 8.01% to 7.90%.
Press Release: Galaxy Entertainment Group Q2 and -3-
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