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Hong Kong stocks in active movement | Macau Casino stocks saw an increase in profits in the afternoon. Macau is expected to see tourist numbers close to 2019 levels this year, with gaming revenue for the first two months possibly increasing by 4% year-on-
The Macau Casino stocks gained more in the afternoon. As of the time of this report, WYNN MACAU (01128) rose by 4.42%, trading at HKD 5.67; SANDS CHINA (01928) increased by 4.35%, trading at HKD 18.72; MGM CHINA (02282) went up by 3.65%, trading at HKD 10.8; MELCO INT'L DEV (00200) climbed by 3.34%, trading at HKD 4.33.
Hong Kong stocks are moving differently | Macau Casino stocks continue to decline. Morgan Stanley expects that the EBITDA of the Macau gaming industry in the last quarter will only grow by 1% quarter-on-quarter, and profit margins continue to be under pre
Macau Casino stocks continue to decline; as of the time of writing, MGM CHINA (02282) is down 3.18%, priced at HKD 10.36; WYNN MACAU (01128) is down 2.16%, priced at HKD 5.44; MELCO INT'L DEV (00200) is down 1.18%, priced at HKD 4.19.
Hong Kong stock movement | Most Macau Casino stocks have rebounded, MGM CHINA (02282) has risen over 4%, Thai cabinet approves gambling legalization.
Most Macau Casino stocks are rebounding. As of the time of writing, MGM CHINA (02282) rose by 4.17%, reporting HKD 10.48; PARADISE ENT (01180) increased by 3.57%, reporting HKD 0.87; WYNN MACAU (01128) saw a rise of 2.24%, reporting HKD 5.48.
Hong Kong stocks are experiencing fluctuations | Macau Casino stocks extended their decline in the afternoon, with December Macau gaming revenue down 2% year-on-year, slightly below market expectations according to Morgan Stanley.
In the afternoon, Macau Casino stocks fell further. As of the time of reporting, Sands China (01928) fell by 4.07% to 20.05 HKD; GALAXY ENT (00027) dropped by 2.88% to 32.05 HKD; SJM HOLDINGS (00880) decreased by 1.86% to 2.64 HKD; MELCO INT'L DEV (00200) declined by 1.79% to 4.38 HKD.
Express News | Macau Says 2024 Gambling Revenue up 23.9 Pct From a Year Earlier to 226.8 Bln Patacas
Express News | Macau Says December Gambling Revenue Down 2 Pct From a Year Earlier to 18.2 Bln Patacas
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