In "Large Institutions", Citi's investment rating and Target Price for Macau's gaming stocks (table).

Citi published a research report, listing the investment ratings and Target Prices for Macau gaming stocks as follows: Stock | Investment Rating | Target Price (HKD) GALAXY ENT (00027.HK) | Outperform | HKD 45.8 -> 46 SANDS CHINA LTD (01928.HK) | Outperform | HKD 27.3 -> 24.9 SJM HOLDINGS (00880.HK) | Outperform | HKD 3.9 -> 3.2 MGM CHINA (02282.HK) | Outperform | HKD 11.9 -> 11.8

AASTOCKSMar 26 15:13

According to "The Big Bank," Lion expects that Macau gaming companies will continue to increase their dividend payout ratios, with Silver Entertainment (00027.HK) and Sands China (01928.HK) as the preferred choices.

Lyon released a Research Report stating that as MGM CHINA (02282.HK) follows GALAXY ENT (00027.HK) to update its dividend policy, the regular dividend payout ratio will be increased from 30%-35% to 50%. The firm anticipates that major gaming companies will raise their dividend payout ratios in light of the structural slowdown in growth in Macau. Lyon also predicts that as consumer confidence in China recovers, the growth of Macau's total gaming revenue will accelerate in 2026, thus maintaining projections of a 4% and 10% year-on-year growth for Macau's gaming revenue in 2025 and 2026, respectively. However, due to changes in profit margins, the EBITDA forecasts are adjusted downward by 2% and.

AASTOCKSMar 26 15:08

According to a report from Zhongjin in "The Big Industry", MGM Resorts International had the highest market share increase in the Macau market in the fourth quarter of last year.

CICC published a report stating that according to data disclosed by the Gaming Inspection and Coordination Bureau of Macao, in the fourth quarter of last year, Macao's total gaming revenue recovered to 80% of the levels seen in the same period of 2019, benefited by the recovery of mass gaming revenue to 109% of the same period in 2019, while VIP gaming revenue only recovered to 43% of the same period in 2019. During the quarter, Industry EBITDA recovered to 81% of the same period in 2019, mainly driven by MGM CHINA, whose adjusted EBITDA recovered to 136% of the same period in 2019, benefiting primarily from the continued excellent performance of the company's high-end mass business. According to the company's announcement, MGM CHINA.

AASTOCKSMar 26 11:20

Citigroup maintains the forecast for Macau's March gaming revenue at 19.5 billion patacas.

Citigroup released a research report indicating that industry surveys show that Macau's gaming revenue for the first 23 days of March may reach approximately 14.6 billion Patacas, meaning the average daily gaming revenue over the past week is around 0.643 billion Patacas, which is about 3% higher than the previous week. The bank pointed out that the average daily gaming revenue in Macau has remained roughly flat year-on-year so far in March, maintaining the forecast of March gaming revenue reaching 19.5 billion Patacas.

AASTOCKSMar 25 12:26

Macau Cultural Affairs Bureau: The audience for the 'International Colorful Carnival' exceeded expectations, reflecting that local foot traffic has returned.

The Director of the Macao Cultural Affairs Bureau, Leong Wai Man, stated that the audience flow during the "Macao International Parade of Color" held last Sunday (23rd) exceeded the authorities' initial expectations, with the overall number of spectators significantly increasing compared to last year, reflecting the recovery of people flow in Macao. Leong Wai Man mentioned that the Macao Cultural Affairs Bureau will collect opinions from local businesses and community organizations through the chamber of commerce to investigate the positive benefits the event has brought.

AASTOCKSMar 24 09:42

Hong Kong stocks movement | MGM CHINA (02282) fell over 6% after earnings, with a nearly 75% year-on-year increase in annual net profit and a payout ratio of about 20%.

MGM CHINA (02282) fell over 6% after the results were released. As of the time of this report, it has dropped 5.72% to 10.88 Hong Kong dollars, with a transaction amount of 64.5365 million Hong Kong dollars.

Zhitong FinanceMar 21 13:58