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Goldman Sachs: The performance of the Macau Gambling industry has begun, and a brief adjustment in industry revenue is expected for the last quarter.
Goldman Sachs maintains a constructive outlook on Macau Casino stocks, continuing to favor Silver Entertainment.
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.
【Special Contributor】Deng Shengxing: Trump is inaugurated as the president of the USA today. The market is cautious and has not made any rash moves, with volatile performance in the Hong Kong stock market.
Jinguo Financial News | The Hang Seng Index closed at 19,584 on Friday (17th), up 61 points or 0.3%. The total market turnover was 122.2 billion yuan for the day. The National Index rose 10 points to 7,108; the Technology Index increased by 1.4% to 4,479. The best-performing blue chips this week were SMIC (00981), JD.com (09618), and Hongqiao (01378), which increased by 22%, 12.1%, and 10.8% respectively; the three worst performers were Sands (01928), New Oriental (09901), and GALAXY ENT (00027), which fell by 6.1%, 5.7%, and 4% respectively. The Dow Jones index on Friday (17th...
Hong Kong stocks are moving | Sands China (01928) is currently down more than 4%. Macau's January gambling revenue may decline year-on-year, and the renovation project will cause operational disruptions for the company to peak in Q4.
Sands China (01928) is currently down over 4%, as of the time of publication, it has fallen 3.99% to HKD 17.82, with a transaction volume of 0.199 billion HKD.
J.P. Morgan: Latest ratings and Target Price for Macau Casino stocks (table) Preferred GALAXY ENT (00027)
J.P. Morgan expects that Macau's January Gambling revenue will fall by 5% year-on-year to between 18 billion and 18.3 billion Macau patacas.
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.