Hong Kong market overview | The three major indices surged and then fell back, with the Hang Seng Index rising by 0.32%; the tech and Apple Supplier stocks performed well, with Baidu up nearly 4% and COWELL rising over 6%.

Network Technology stocks are mostly rising, Baidu Group-SW is up by 3.85%, NTES-S is up by 2.11%; Apple Supplier stocks are up, COWELL is up by 6.11%, FIH is up by 4.23%; Lithium Battery stocks are rising, LEOCH INT'L is down by 3.21%, HONBRIDGE is up by 2.50%.

Futu NewsApr 25 16:28

Hong Kong Stock Midday Review | All three indexes rise, the Tech Index rises nearly 2%; tech stocks and Mainland Real Estate stocks strengthen, Baidu rises over 5%, RADIANCE HLDGS surges over 43%.

Most Network Technology stocks rose, with Baidu Group-SW up 5.33% and NTES-S up 3.41%; Macau Casino stocks generally rose, with MELCO INT'L DEV up 8.94% and SANDS CHINA LTD up 4.85%; Mobile Game stocks generally rose, with Bilibili-W up 3.69% and NTES-S up 3.41%.

Futu NewsApr 25 12:12

In the "Big Banks" report, CITIC Securities lowered the Target Price for Jin Jian (03918.HK) by 8% to 4.4 yuan and adjusted the EBITDA forecast.

CICC published a Research Report indicating that NAGACORP (03918.HK) total Gambling revenue for the first quarter of fiscal year 2025 increased by 18% year-on-year, recovering to 53% of the same period in 2019. Among them, mass Gambling revenue led the recovery, increasing by 24% year-on-year, recovering to 120% of the same period in 2019; VIP Gambling revenue remains under pressure, growing by 17% year-on-year, only recovering to 29% of the same period in 2019. However, NAGACORP's net Gambling revenue for the first quarter of fiscal year 2025 has already recovered to 92% of the same period in 2019, which the institution believes is due to the increasing proportion of income from the high-margin mass Business.

AASTOCKSApr 25 09:21

The Secretary for Economy and Finance of Macau: will make lawful arrangements for the coordination and contingency measures during the transition period of the "Satellite".

According to Macao Radio, the Secretary for Economy and Finance, Dai Jianye, attended a legislative council meeting yesterday (23rd) and stated that the Macao government has always regulated the local Gambling industry development in accordance with the principles of legality, health, and order, emphasizing that it will properly coordinate the upcoming end of the transition period for the "Satellite" venues and the contingency measures in accordance with the law.

AASTOCKSApr 24 09:31

CICC: Maintain NAGACORP (03918) outperform industry rating and lower Target Price to HKD 4.40.

The bank expects the number of travelers to Cambodia to further increase, which may drive the development of the company's Business.

Zhitong FinanceApr 24 09:13 · Ratings

NAGACORP (03918.HK): Expected to resume dividends in 2025.

The Mid-Sector is leading the company's recovery trend. NAGACORP (3918.HK) recently announced its Gambling Operation data for Q1 2025. The company's total Gambling revenue in Q1 2025 reached 0.171 billion USD, an 18% year-on-year increase, returning to 1.

China International Capital CorporationApr 23 16:47