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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.
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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.
Morgan Stanley: Latest rating and target price of Macau casino stocks (table). Galaxy Ent (00027) was the only market share growth in October.
Galaxy Ent (00027) saw a 4 percentage point increase in market share in October to 21%, the only Macau gaming enterprise to achieve market share growth during the period. Management attributed this to the concert held by the movie star Andy Lau during the National Day Golden Week.
Hong Kong stock abnormal | Sands China (01928) fell nearly 3% intraday, institutions pointed out that the peak of the negative impact of the renovation project by Londoners is approaching.
Sands China (01928) fell nearly 3% during the day, as of the time of publication, it dropped by 2.88%, at 20.2 Hong Kong dollars, with a turnover of 0.123 billion Hong Kong dollars.
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