UB-GEG @EC2609A

CHK OIL

PETRO-KING

SHANDONG MOLONG

JX ENERGY

D&G TECH

MIE HOLDINGS

SINOPEC SSC

EASY SMART GP

JIAXIN INTL RES

XIMEI RESOURCES

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Citi expects Macau's total gaming revenue in March to grow by 9.7% year-on-year, reaching MOP 21.6 billion. February's gaming revenue increased by 4.5% year-on-year, exceeding market forecasts but falling short of the bank's expectations. Despite a weak performance in mid-February, later data was strong, with daily revenue reaching MOP 1.053 billion. Galaxy Entertainment and MGM China remain the preferred stocks

AASTOCKS

GALAXY ENT

MGM CHINA

In "The Big Banks," Citigroup expects Macau's March gaming revenue to grow by 9.7% year-on-year to MOP 21.6 billion

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GXYYY

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MLCO

Macau's gaming revenue rose by 4.5% in February, exceeding expectations, driven by a surge in tourist arrivals during the Lunar New Year. This increase highlights the critical role of tourism in Macau's economy, especially during festive periods. The positive revenue performance indicates a strong start to the year as the city recovers from past economic difficulties.

CoinLive

SANDS CHINA LTD

Sands China

Galaxy Entertainment Group

MGM Resorts

SJM HOLDINGS

WYNN MACAU

Wynn Resorts

Las Vegas Sands

Melco Resorts & ENT

VanEck Gaming ETF

Macau's Gaming Revenue Surges in February Amid Lunar New Year Boost

Macau's gaming revenue rose 4.5% in February, reaching 20.62 billion patacas, surpassing analyst estimates of 1% growth, thanks to a boost from Chinese New Year tourism. This revenue is 81.3% of pre-pandemic levels. However, casinos face profit margin pressures due to competition for mass-market players and a decline in VIP clients following regulatory changes. Operators must manage costs while attracting gamblers, amid challenges from China's economic slowdown and property market issues.

Businesstimes News

MELCO INT'L DEV

Macau gaming revenue beats estimate on Chinese New Year boom

In a report released yesterday, from Huatai Securities maintained a Buy rating on Galaxy Entertainment Group, with a price target of HK$48.00.Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential The word on The Street in general, suggests a Strong Buy analyst consensus rating for Galaxy Entertainment Group with a HK$47.88 average price target.

Tip Ranks

Invesco Leisure & ENT ETF

Huatai Securities Reaffirms Their Buy Rating on Galaxy Entertainment Group (GXYEF)

Guotai Haitong analyst has maintained a Buy rating on Galaxy Entertainment Group (GXYEF) with a price target of HK$47.30, while the shares closed at HK$41.76. The analyst consensus for the company is Strong Buy, with a price target consensus of HK$48.43, indicating a potential upside of 15.96%. Additionally, DBS also reaffirmed a Buy rating with a price target of HK$47.61.

Galaxy Entertainment Group (GXYEF) Gets a Buy from Guotai Haitong

Daiwa Capital Markets raised Galaxy Entertainment's EBITDA forecasts for 2026 and 2027 by 1% each, with a target price increased to HKD 49. The report noted that Galaxy Entertainment's gaming revenue grew by 14% quarter-on-quarter in the fourth quarter of last year, with market share rising to 21.8%. Despite a 1.6 percentage point decline in profit margins, the performance during the Lunar New Year holiday was better than last year, and management remains optimistic about the future, committing to review the dividend policy. Maintains a "Buy" rating

Daiwa Capital Markets has raised Galaxy Entertainment's EBITDA forecast for the next two years, with the target price increased to HKD 49

JP Morgan released a research report, maintaining a "Buy" rating on Galaxy Entertainment Group, with a target price of HKD 52. The company's 2022 performance exceeded market expectations, with a final dividend of HKD 0.8 per share, and a payout ratio of 61% for the fiscal year 2025. Although some investors are disappointed with the increase in dividends, JP Morgan expects that future dividends will gradually be raised, with potential good news around the mid-year results of the fiscal year 2026

JP Morgan expects Galaxy Entertainment to gradually increase dividends in the future and maintains an "Overweight" rating as its preferred choice

Multiple new stocks have started subscription, expected to be listed on March 9 and 10, including Youlesai Shared, Zhaowei Electromechanical, Aisi, and Meige Intelligent. Baidu's last quarter performance slightly exceeded expectations, with a net profit of RMB 1.78 billion, a year-on-year decrease of 65%, but the core AI business grew strongly, with revenue of approximately RMB 32.7 billion. Galaxy Entertainment earned 22% more last year and declared a final dividend of HKD 0.8

Tasty Money

BIDU-SW

Baidu

[Daily Announcement] Multiple new stocks begin subscription, expected to be listed on March 9 and 10, Baidu (9888) last quarter's performance slightly exceeded expectations

BETZ

Morgan Stanley released a report stating that Galaxy Entertainment's EBITDA for the fourth quarter of 2025 will reach HKD 4.296 billion, exceeding expectations, and maintained an "Overweight" rating with a target price of HKD 44. The annual dividend is HKD 1.50 per share, a 50% increase. The company benefits from smart gaming tables and "Side bets," outperforming its peers. Chairman Lui Yau Tung emphasized alignment with shareholders' positions, stating that the fourth phase project will be accelerated, but approval for new gaming tables has not yet been guaranteed. Expenditures are expected to be HKD 3.5 billion in 2025, reaching HKD 11 billion to HKD 12 billion in 2026

Roundhill Sports Betting & iGaming ETF

Morgan Stanley: Galaxy Entertainment's quarterly results exceed expectations with increased dividends, target price HKD 44

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The Hong Kong stock ADR is expected to open 204 points higher this morning, reporting at 26,586 points. The relative stock prices and the premium situation of Hong Kong stocks to American Depositary Receipts are as follows: CKH Holdings HKD 63.893 (premium 1.42%), CLP Holdings HKD 73.278 (premium 0.17%), HK & China Gas HKD 7.155 (premium 5.24%), Wharf Holdings HKD 25.182 (premium 3.49%), HSBC HOLDINGS HKD 147.806 (discount -1.90%), Power Assets HKD 62.72 (premium 1.40%), PCCW HKD 6.163 (discount -4.11%), HENDERSON LAND HKD 33.706 (premium 2.18%), SHK PPT HKD 139.282 (discount -2.14%), NEW WORLD DEV HKD 10.167 (premium 3.08%), SWIRE PACIFIC A HKD 82.036 (discount -0.41%), BANK OF E ASIA HKD 15.563 (discount -2.40%), GALAXY ENT HKD 44.154 (discount -6.15%), HANG LUNG PPT HKD 9.916 (discount -0.26%), Geely Automobile HKD 19.101 (discount -14.61%), CITIC Limited HKD 12.302 (premium 0.39%), CATHAY PAC AIR HKD 13.86 (discount -1.15%)

HSBC HOLDINGS

CLP HOLDINGS

NEW WORLD DEV

HENDERSON LAND

CATHAY PAC AIR

HANG LUNG GROUP

HK & CHINA GAS

WHARF REIC

SWIRE PACIFIC A

SWIRE PACIFIC B

HANG LUNG PPT

WHARF HOLDINGS

CKH HOLDINGS

SHK PPT

BANK OF E ASIA

POWER ASSETS

MIRAMAR HOTEL

PCCW

The Hong Kong stock ADR is expected to open 204 points higher this morning, reporting at 26,586 points

Hot trading industry trends on August 7 and related Hong Kong semiconductor stocks. Hong Kong semiconductor stocks opened lower in early trading but then surged strongly, with Innoscience gaining over 11%, and industry leader SMIC rising over 3%. Core logic: On the news front, on August 1, Innoscience officially responded to rumors of collaboration with NVIDIA. The announcement stated that the company has recently partnered with global AI technology leader NVIDIA to jointly promote the large-scale implementation of the 800VDC (800-volt direct current) power architecture in AI data centers. Clear signals of a cyclical bottom: Global semiconductor inventory reduction is nearing its end...

NVIDIA

SMIC

SMIC HK SDR 5to1

FIT HON TENG

WUXI APPTEC

WuXi AppTec

INNOCARE

InnoCare Pharma

XIAOMI-W

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi Corporation

NAGACORP

CSPC PHARMA

INNOVENT BIO

COWELL

HUA HONG SEMI

Hua Hong

SHANGHAI FUDAN

FMSH

INNOSCIENCE

SOLOMON SYSTECH

TIGERMED

Tigermed

Apple

Hot Trades in Hong Kong Stocks (8.7)｜ Chip Stocks Rebound Strongly, Apple Supply Chain Follows; Xiaomi and Pharmaceuticals Retreat Under Pressure

UB-GEG @EC2609A(26330.HK)

In "The Big Banks," Citigroup expects Macau's March gaming revenue to grow by 9.7% year-on-year to MOP 21.6 billion

Macau's Gaming Revenue Surges in February Amid Lunar New Year Boost

Macau gaming revenue beats estimate on Chinese New Year boom

Huatai Securities Reaffirms Their Buy Rating on Galaxy Entertainment Group (GXYEF)

Galaxy Entertainment Group (GXYEF) Gets a Buy from Guotai Haitong