China-Linked Stocks Surge Amid Strong Policy Stimulus
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Changes in Hong Kong stocks | MGM China (02282) rose more than 4%, leading the way in gaming stocks, Macau's gaming revenue in May surpassed MOP 20 billion, up nearly 30% year-on-year
Gaming stocks rose collectively. As of press release, MGM China (02282) rose 4.46% to HK$14.52; Galaxy Entertainment (00027) rose 3.07% to HK$38.65; and Aobo Holdings (00880) rose 2.46% to HK$2.92.
Direct impact of changes | Gaming stocks rose in early trading, May 1st Macau gaming revenue was in line with expectations, and the impact of the new Hong Kong and Macau travel policy was positive
Gaming stocks were higher in early trading. As of press release, Wynn Macau (01128) rose 4.26% to HK$8.33; Aobo Holdings (00880) rose 4.14% to HK$3.02; and MGM China (02282) rose 3.29% to HK$15.06.
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