MGM China (2282.HK): Performance exceeds expectations, and Boshou continues to lead the industry
Investment Highlights 1Q24 achieved a total gross profit of HK$9.45 billion, recovering to 140.8% in the same period in '19. VIP/midfielder (including slots) achieved net revenue of HK$1,50/ $7.95 billion respectively, recovering to '19
Macau International Development (0200.HK): 2024 Quarterly Report Review: Performance Meets Expectations, Positive Market Strategy Adjustments
1Q24 achieved a total gross revenue of $1.19 billion, recovering to 74.7% of 1Q19. Macau property achieved total revenue of US$1.01 billion, recovering to 72.1% in the same period in '19. Among them, VIP/midfielder (incl.
Bank Ratings | Macquarie: Banking Entertainment is the first choice for Macau gambling revenue expectations during the Labor Day holiday
Glonghui, May 7 | Macquarie published a research report quoting third party data. The average daily revenue (ADR) of the Macau gaming industry for the first 5 days of May was MOP 910 million. At the same time, it was pointed out that although many travellers' itineraries have been cancelled due to the recent bad weather in Macau and Guangdong, the ADR level since May is still 47% higher than the previous month. Macquarie assumes that the ADR for the rest of May will be between MOP 580 million and MOP 650 million. In addition to third-party data estimates, Macau's total gaming revenue in May will reach 19.6 billion to MOP 21.5 billion, or 76% to 8% of 2019 levels
May 6 Repurchase Collection | Hang Seng Bank, Swire Group A, etc. bought back one after another. Of these, Hang Seng Bank spent HK$36.803 million
According to HKEx disclosure documents on May 7, $Hang Seng Bank (00011.HK) $ and $Swire Group A (00019.HK) $ repurchased shares. ① $Hang Seng Bank (00011.HK) $ repurchased 350,000 common shares on May 6, involving an amount of HK$36.803 million. The repurchase price for each share ranged from HK$105.7 to HK$104.7. The cumulative number of securities repurchased during the year (since the adoption of the ordinary resolution) is 8.734 million shares, accounting for 0.457% of the number of shares issued when the ordinary resolution was passed. ② $Taikoo Shares
Express News | Yesterday, 27 Hong Kong stocks were repurchased by the company. Hang Seng Bank, Swire Group A, and MGM China had the largest repurchase amounts
Century Entertainment Arm to Lease Gaming Rooms in Cambodia
Century Entertainment International Holdings (HKG:0959) arm Wisdom Ocean Group intends to rent two VIP casino rooms in a Cambodian hotel, from LongBay Entertainment, for three years at $35,000 a month