02282 MGM CHINA
- 13.560
- +0.140+1.04%
MGM CHINA News
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and insurance stocks rose, Sunac China rose nearly 24%, and AIA Insurance rose nearly 8%
Technet stocks had mixed ups and downs. NetEase rose nearly 3%, Meituan fell nearly 3%; auto stocks rose one after another, with Zero Running up more than 9%, and Xiaopeng Motors rising nearly 5%.
Intraday Overview | The Hang Seng Index entered a technical bull market, and the Tech Index rose more than 1.7%
Technology stocks strengthened; Shangtang and BYD Electronics rose more than 6%, and NIO rose more than 5%; Youbi Choice rose more than 15%, and the company took the lead in developing the “Tiangong” robot platform.
Changes in Hong Kong stocks 丨 Hao Gaming stocks strengthened collectively, Sands China rose more than 5%, and the Mainland announced a policy to optimize business endorsements
Glonghui, April 29 | Hong Kong stock gambling stocks strengthened collectively. Among them, Macau International rose more than 8%, Aobo Holdings and Sands China rose more than 5%, Galaxy Entertainment and MGM China rose nearly 4%, and Wynn Macau rose nearly 2%. According to the news, the State Administration of Immigration has decided to introduce six policies and measures to facilitate the entry and exit management of private enterprises starting May 6. 1. In 20 cities including Beijing, we have piloted a “full online process” for issuing and issuing additional entry documents. 2. Implement “smart quick processing” and “nationwide processing” for business endorsements to Hong Kong and Macau. 3. The six categories of talents from Beijing and Shanghai can apply for talent endorsements to Hong Kong and Macau. 4. Extend the number of people with business endorsements to Hong Kong and Macau
The number of inbound visitors to Macau increased 79% year-on-year in the first quarter to 8.875,800
On April 22, the Macao Statistics and Census Service announced that the total number of inbound visitors in the first quarter of this year was 8.875,800, up 79.4% year on year, and recovered to 85.7% in the same period in 2019.
A quick look at the Hong Kong market | Tech Index fell more than 2%, Tech Net stocks generally declined, and Xiaomi and Kuaishou fell more than 3%
Auto stocks declined, with Ideal Auto and Xiaopeng Motors falling more than 7%; petroleum stocks reversed the market and CNPC rose more than 2%.
Intraday Overview | Hong Kong stocks continued to rise. The three major indices all rose by about 1%, and insurance and aviation stocks had the highest gains
Sporting goods stocks rose, with Anta Sports and Taobo up more than 3%, and Special Step up more than 2%; insurance stocks generally rose; China Ping An and China Financial Insurance rose about 4%; aviation stocks strengthened, and China Southern Airlines rose about 5%.
A quick overview of the Hong Kong market | The three major indices closed up slightly, and the Hang Seng Index stopped falling for 4 consecutive years
Semiconductor stocks strengthened, with Shanghai Fudan up more than 8%; heavy infrastructure stocks rose, with China Metallurgical, China Railway, and China Communications Construction up about 3%.
Xiaomo: Downgrading Galaxy Entertainment (00027) and Melco International Development (00200). Recovery progress is disappointing
Komo sees MGM China (02282) and Wynn Macau (01128) as “clear winners.”
Bank Ratings | J.P. Morgan Chase: Macau Gaming Shares Prefer MGM China and Wynn Macau to Raise Target Prices
Glonghui, April 17 | J.P. Morgan Chase published a research report using “differentiation” to describe Hao Gaming stocks and their operations. Due to a lack of industry catalysts, the bank will continue to focus on finding industry leaders through bottom-up analysis. MGM China and Wynn Macau are the main “additional” stocks. The target price for the former was raised from HK$17 to HK$18, while the target price for the latter was raised from HK$9 to HK$10.5. Additionally, the bank downgraded the Melco International Development Rating from “neutral” to “reduced holdings”, and the target price was reduced from HK$5.5 to HK$4.5; Galaxy Entertainment downgraded from “plus” to “neutral”, and the target price was reduced from HK$54 to HK$4
Hong Kong Stock Afternoon Review | Hang Seng Index and Technology Index fell slightly; chip stocks rose more than 5% in Fudan, Shanghai
Heavy infrastructure stocks generally rose; China Zhongzhi and China Railway rose about 3%; gaming stocks continued to decline, and Galaxy Entertainment fell more than 5%.
Hong Kong stock concept tracking | May Day tourism is bursting hot, and it is no less difficult to grab tickets than the Spring Festival travel season (with concept stocks)
Platforms such as Ctrip, Qunar.com, and Tongcheng released May Day predictions: it is no less difficult to grab tickets for popular routes than the Spring Festival travel season
Express News | Macau's VIP gaming revenue in the first quarter rose to the highest level since the first quarter of 2020
A quick overview of the Hong Kong market | Science Index fell more than 3%, Science Network stocks weakened, and Bilibili fell more than 5%
Auto stocks fell sharply, with NIO falling more than 10%, and Xiaopeng Motors falling more than 5%; gaming stocks continued to decline, with Aobo Holdings falling nearly 7% and Sands China falling nearly 6%.
Direct impact of changes | Gaming stocks continue yesterday's decline, and gaming laws may put pressure on intermediary business
On April 16, $Gaming Stock (BK1114.) $ continued yesterday's decline. As of press release, $Sands China Limited (01928.HK) was down 6.16% to HK$19.66; $Aobo Holdings (00880.HK) $ fell 6.05% to HK$2.64; $Melco International Development (00200.HK) $ fell 5.46% to HK$5.19. Market source: Futubull Niu News. According to reports, the Second Standing Committee of the Macao Legislative Council recently completed discussions and signed an opinion. The “Casino Lucky Gaming Credit Legal System” bill will be in place
Hong Kong Stock Afternoon Review | The three major indices continued to weaken, the Tech Index fell nearly 3%, and Tech Net stocks and auto stocks generally fell
Biotech stocks fell collectively; Kingsley Biotech fell more than 4%; Genting Xinyao fell by more than 3%; gaming stocks fell, with Aobo Holdings and Sands China falling more than 4%; insurance stocks fell by more than 3%; and China Ping An fell nearly 2%.
Macquarie: Macau's total gaming revenue is expected to recover to 75%-78% in 2019, and Galaxy Entertainment (00027) and Sands China (01928) are preferred
The market shares of MGM China (02282), Aobo Holdings (00880) and Wynn Macau (01128) are expected to increase quarterly.
Intraday Overview | The three major indices fell sharply. Technet stocks and auto stocks collectively declined, and NIO plummeted more than 10%
As of press release, the Hang Seng Index was down 1.58%, the China Index was down 2.4%, and the China Index was down 1.38%.
Overview of the Hong Kong market | The three major indices fell sharply. Gold stocks and auto stocks were sluggish throughout the day, Zhaojin Mining fell more than 9%, and Xiaopeng Motor fell nearly 5%
Many shares of TechNet fell; NetEase fell nearly 4%, and Bilibili fell nearly 3%; coal stocks rose, China Coal Energy rose more than 3%, Yancoal Australia rose more than 1%; gaming stocks fell, and Sands China and MGM China fell more than 4%.
Macau Casino Operators Set to Deliver Positive Earnings Growth in 2024 -- Market Talk
Macau casino operators are poised to deliver positive growth in revenue and profitability this year as Macau's fundamentals continue to ramp up strongly following three years of pandemic-related shutdowns, says Vitaly Umansky, senior analyst at Seaport Research Partners, in a note.
Changes in Hong Kong stocks | Macau International Development (00200.HK) falls by more than 4%, leading the decline, gaming stock Citi expects the industry's EBITDA to increase by only 2% month-on-month in the first quarter
Gaming stocks generally declined in early trading. As of press release, Macau International Development (00200.HK) fell 4.01% to HK$5.5; Sands China (01928.HK) fell 3.87% to HK$21.1; Galaxy Entertainment (00027.HK) fell 3.27% to HK$38.5; and MGM China (02282.HK) fell 2.29% to HK$13.64.
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