Express News | Macau Says November Gambling Revenue up 14.9 Pct From a Year Earlier to 18.4 Bln Patacas

ReutersNov 30 23:45 ET

ubs group: Zhuhai residents will travel to Australia weekly next year, which is a mild bullish factor for gaming stocks, with Sands China being the top choice.

UBS Group released a research report stating that the National Immigration Administration announced that Zhuhai household residents can apply for the 'One Week, One Trip' to Macau starting from January 1st next year; while residents of the Hengqin Guangdong-Macao Deep Cooperation Zone can 'One Permit, Multiple Trips' to Macau. The bank believes that the above actions are moderately bullish for Macau's casino stocks, reflecting the central government's support for Macau, but due to the limited coverage, it is unlikely to bring significant growth to gambling revenue. The bank remains bullish on Macau's gambling industry, with Sands China (01928) as its top pick.

Sina Hong Kong StocksNov 29 04:15 ET

Hong Kong stocks anomaly | Macau casino stocks rebound in early trading. In October, Macau's inbound tourists increased by 13.7% year-on-year, with a significant increase in international tourists.

Macau casino stocks warmed up in the morning session. As of the time of reporting, Sands China (01928) rose 4.26% to HKD 19.58; Melco Int'l Dev (00200) rose 2.43% to HKD 4.64; SJM Holdings (00880) rose 2.33% to HKD 2.64; Galaxy Ent (00027) rose 1.86% to HKD 32.9.

Zhitong FinanceNov 25 22:36 ET

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Business TodayNov 19 04:15 ET

HK stocks fluctuate | Macau casino stocks generally fell today. Gambling revenue in November may significantly decline month-on-month. Large institutions say retail remains weak.

Macau casino stocks fell today, as of the time of publication, Sands China (01928) fell by 5.11%, closing at HK$19.5; Galaxy Ent (00027) fell by 4.17%, closing at HK$34.45; mgm china (02282) fell by 4%, closing at HK$9.59; wynn macau (01128) fell by 4.06%, closing at HK$5.67.

Zhitong FinanceNov 12 01:57 ET