CT-GEG @EC2610A

Galaxy Entertainment Shows Strong Recovery Post-Pandemic and Pushes for Cotai Phase IV Development

Galaxy Macau Announces Hosting of UFC Fight Night

Morgan Stanley Downgrades Macau Gaming Stocks Ratings and Target Prices

JPMorgan Maintains Overweight Rating on Galaxy Entertainment

CLSA: Macau's February Gambling Revenue Up 4.5%, Predicts 9.7% Growth in March

HSBC Maintains Buy Rating on Galaxy Entertainment with Raised Target Price

Goldman Sachs Cuts Galaxy Entertainment Target Price But Maintains 'Buy' Rating

UBS report: Galaxy Entertainment Q4 2025 beats expectations

CLSA Maintains Silverlicious 'Outperform' Rating

GALAXY ENT released FY2025 9 Months Earnings on February 26, 2026 (BJT) with actual revenue of HKD 36.27 B and EPS of HKD 1.8155

GALAXY ENT released FY2025 Q3 earnings on February 26 (BJT), actual revenue HKD 13.02 B (forecast HKD 12.01 B), actual EPS HKD 0.6205 (forecast HKD 0.67)

Lui Yiu Tung, SJM Chairman, Comments on Lunar New Year Performance and Outlines Future Plans

GALAXY ENT released FY2025 Q4 earnings on February 26 During-Market (BJT), actual revenue HKD 13.02 B (forecast HKD 13.76 B), actual EPS HKD 0.6205 (forecast HKD 1)

GALAXY ENT released FY2025 earnings on February 26 During-Market (BJT), actual revenue HKD 49.29 B (forecast HKD 48.78 B), actual EPS HKD 2.436 (forecast HKD 2.4394)

JPMorgan Updates Preference and Ratings for Macau Casino Shares

JPMorgan Predicts 2% to 5% Year-on-Year Growth in Macau's February Gambling Revenue, Recommends Galaxy Entertainment Group Etc.

GALAXY ENT to release FY2025 earnings report on February 26, 2026, during market hours (BJT), forecast revenue HKD 48.78 B, EPS HKD 2.4394

Galaxy Entertainment Launches New Hotel Capella

Morgan Stanley Downgrades Macau Gaming Sector's Q4 2025 Forecast and Provides Individual Stock Ratings

Morgan Stanley Report: Macau's VIP Table Revenue Up 45% in Q4

LING YUI

FLOWING CLOUD

SANDMARTIN RTS

TRANSTECH

LAI SUN DEV

BEST FOOD HLDG

QUALI-SMART

INCON

AB BUILDERS

ASIA TELE-NET

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Citigroup lowered its April Macau gaming revenue forecast to MOP 20.5 billion, citing that the win rate in VIP rooms is below normal levels. From April 1 to 12, gaming revenue was approximately MOP 7.95 billion, with an average daily revenue of about MOP 630 million, a decrease of 8% compared to the previous 7 days. Looking ahead, the concert of Thai singer Billkin and the Weibo International Entertainment Gala are expected to improve gaming revenue performance before the Labor Day Golden Week

AASTOCKS

SJM HOLDINGS

Studio City

WYNN MACAU

SANDS CHINA LTD

Sands China

Las Vegas Sands

MGM Resorts

Galaxy Entertainment Group

MGM CHINA

GALAXY ENT

MELCO INT'L DEV

Melco Resorts & ENT

Wynn Resorts

VanEck Gaming ETF

Under the banner of "Big Banks," the forecast for April's gaming revenue in Macau has been downgraded to MOP 20.5 billion

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The Hong Kong stock ADR is expected to open 341 points higher this morning, reporting at 26,002 points. The relative stock prices and the premium of Hong Kong stocks over the American Depositary Receipts are as follows: CKH Holdings HKD 63.44 (-0.06%), CLP Holdings HKD 76.049 (-1.05%), HK & CHINA GAS HKD 6.771 (7.67%), WHARF HOLDINGS HKD 21.538 (-2.68%), HSBC HOLDINGS HKD 142.513 (-2.61%), POWER ASSETS HKD 64.928 (0.03%), PCCW HKD 5.984 (0.60%), HENDERSON LAND HKD 30.075 (0.62%), SUN HUNG KAI CO HKD 138.158 (-1.71%), NEW WORLD DEV HKD 7.636 (13.41%), SWIRE PACIFIC A HKD 86.388 (-0.04%), BANK OF E ASIA HKD 14.207 (-3.36%), GALAXY ENT HKD 37.312 (-7.86%), HANG LUNG PPT HKD 8.85 (4.07%), Geely Automobile HKD 19.13 (30.37%), CITIC Limited HKD 12.531 (1.67%), CATHAY PAC AIR HKD 11.717 (-2.19%)

HK & CHINA GAS

SUN HUNG KAI CO

SWIRE PACIFIC A

SWIRE PACIFIC B

HENDERSON LAND

PCCW

HANG LUNG GROUP

POWER ASSETS

CKH HOLDINGS

HSBC HOLDINGS

CATHAY PAC AIR

WHARF REIC

NEW WORLD DEV

WHARF HOLDINGS

CLP HOLDINGS

HANG LUNG PPT

BANK OF E ASIA

ChinaAMC CSI All Share Real Estate ETF

Hwabao WP CSI 800 Real Estate ETF

GF CSI All Share Financials ETF

China Southern CSI All Share Real Estate ETF

The Hong Kong stock ADR is expected to open 341 points higher this morning, reporting at 26,002 points

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The Hong Kong stock ADR is expected to open 12 points lower on Monday, reporting at 25,881 points. The relative stock prices of major companies' ADRs and the premium situation of Hong Kong stocks to ADRs are as follows: CK Hutchison Holdings at HKD 63.7 (premium 0.63%), CLP Holdings at HKD 75.374 (premium -0.83%), HK & China Gas at HKD 7.13 (premium 2.24%), Wharf Real Estate Investment Company at HKD 21.547 (premium 1.08%), HSBC Holdings at HKD 141.44 (premium -1.23%), Power Assets at HKD 64.217 (premium 1.06%), PCCW at HKD 5.986 (premium 0.23%), Henderson Land Development at HKD 30.4 (premium 1.12%), SHK PPT at HKD 140.092 (premium -0.99%), NEW WORLD DEV at HKD 7.745 (premium 15.56%), Swire Pacific A at HKD 87.989 (premium 0.24%), Bank of E Asia at HKD 14.213 (premium -2.20%), GALAXY ENT at HKD 34.522 (premium 1.85%), HANG LUNG GROUP at HKD 9.155 (premium 1.58%), Geely Automobile at HKD 19.137 (premium 30.53%), CITIC Limited at HKD 12.536 (premium 0.83%), CATHAY PAC AIR at HKD 11.792 (premium -0.02%)

Hang Seng Index

China Southern Hang Seng ETF

SHK PPT

The Hong Kong stock ADR is expected to open 12 points lower on the Hang Seng Index next Monday, reporting at 25,881 points

The Hong Kong stock ADR is expected to open 211 points higher this morning, reporting at 25,963 points. The prices of the ADRs of several stocks and their respective premiums relative to Hong Kong stocks are as follows: CK Hutchison (-0.08%), CLP Holdings (-1.46%), HK & China Gas (2.71%), Wharf Holdings (0.75%), HSBC HOLDINGS (-1.77%), POWER ASSETS (-1.79%), PCCW (-5.83%), HENDERSON LAND (0.43%), SHK PPT (-1.04%), New World Development (11.08%), Swire Pacific A (-2.17%), BANK OF E ASIA (-3.01%), GALAXY ENT (-6.63%), HANG LUNG GROUP (0.15%), Geely Automobile (27.44%), CITIC Limited (-1.76%), Cathay Pacific Airways (1.88%)

吉利汽车

The Hong Kong stock ADR is expected to open 211 points higher this morning, reporting at 25,963 points

Friedman downgraded Sands China Ltd. to "Hold," believing that although the solid start in early April supports the gaming stocks, the overall industry outlook is neutral and affected by geopolitical factors. The firm is optimistic about Wynn Macau and Galaxy Entertainment, predicting a 7.1% EBITDA growth for Wynn in fiscal year 2026 and a 9.7% growth for Galaxy

Credit Suisse downgraded Sands China Ltd. to "Hold," with Wynn Macau and Galaxy Entertainment as top picks in the gaming sector

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The Hong Kong stock ADR is expected to open low at 9 points this morning, reporting 25,884 points. The relative stock prices of major companies' ADRs and the premium situation of Hong Kong stocks to ADRs are as follows: CKH Holdings 63.004 (premium 0.15%), CLP Holdings 75.073 (-0.96%), HK & China Gas 6.583 (10.28%), Wharf Holdings 21.711 (1.33%), HSBC Holdings 141.478 (-2.03%), Power Assets 63.083 (0.42%), PCCW 6.387 (-6.69%), Henderson Land 29.857 (0.41%), SHK PPT 139.096 (-0.57%), New World Dev 8.373 (2.11%), Swire Pacific A 87.767 (-2.18%), Bank of E Asia 14.215 (-2.08%), Galaxy Ent 38.022 (-4.90%), Hang Lung PPT 9.278 (0.13%), Geely Auto 19.14 (24.45%), CITIC 12.303 (-0.43%), Cathay Pacific 11.88 (0.76%)

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ZHONGHUA GAS

SWEET

GEELY AUTO

SWIREPROPERTIES

CHINA CBM

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CITIC

HENDERSON INV

The Hong Kong stock ADR is expected to open lower this morning, with the Hang Seng Index reported at 25,884 points

Citi released a research report, adjusting the investment ratings and target prices for gaming stocks. The target price for Galaxy Entertainment was lowered from HKD 49.5 to HKD 48, Sands China from HKD 22.9 to HKD 21.4, MGM China from HKD 20.9 to HKD 19.3, Wynn Macau from HKD 8.2 to HKD 6, Melco Resorts from USD 12.1 to USD 8.9, and SJM Holdings from HKD 2.9 to HKD 1.7

Investment Ratings and Target Prices for Gaming Stocks by Citigroup in "Big Banks" (Table)

The Macao Gaming Inspection and Coordination Bureau announced that the gross gaming revenue in March reached MOP 22.6 billion, a year-on-year increase of 15%, exceeding market expectations. The gross gaming revenue for the first quarter exceeded MOP 65.87 billion, a year-on-year increase of 14%. If the trend continues, it is expected that this year's gaming revenue will exceed government expectations and last year's levels. The gross gaming revenue is expected to grow by 9.1% year-on-year to MOP 247.4 billion in 2025

BambooWorks

Industry News: Macau's gambling revenue continues to improve, with gross revenue in the first quarter up 14% year-on-year

Hong Kong stocks ADR is expected to open 128 points higher this morning, reporting 25,423 points. The relative stock prices and the premium situation of Hong Kong stocks to the American Depositary Receipts are as follows: CKH Holdings (CKHUY) HKD 60.76, premium 0.31%; CLP Holdings (CLPHY) HKD 74.481, premium -0.78%; HK & China Gas (HOKCY) HKD 6.586, premium 8.41%; Wharf Real Estate Investment (WARFY) HKD 21.56, premium 1.58%; HSBC HOLDINGS (HSBC) HKD 134.002, premium -2.76%; Power Assets Holdings (HGKGY) HKD 61.599, premium 0.41%; PCCW (PCCWY) HKD 5.927, premium -0.12%; Henderson Land Development (HLDCY) HKD 29.588, premium -0.70%; Sun Hung Kai Properties (SUHJY) HKD 135.241, premium -0.47%; New World Development (NDVLY) HKD 7.876, premium 2.46%; Swire Pacific A (SWRAY) HKD 87.338, premium -0.33%; Bank of East Asia (BKEAY) HKD 14.112, premium -4.97%; GALAXY ENT (GXYEF) HKD 34.245, premium 5.01%; HANG LUNG PPT (HLPPY) HKD 8.828, premium 2.40%; GEELY AUTO (GELYY) HKD 19.149, premium 14.78%; CITIC Limited (CTPCY) HKD 11.47, premium 3.66%; CATHAY PAC AIR (CPCAY) HKD 11.849, premium -0.92%; China Gas (CGHLY)

Hong Kong stocks ADR is expected to open 128 points higher this morning, reporting at 25,423 points

According to the Gaming Inspection and Coordination Bureau of Macau, Macau's gaming revenue in March increased by 15% year-on-year, reaching MOP 22.612 billion. The market expected an increase of 11% year-on-year. In the first three months of this year, gaming revenue accumulated a 14.3% increase, reaching MOP 65.873 billion

In March, Macau's gambling revenue increased by 15% year-on-year, exceeding expectations

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

CT-GEG @EC2610A(28209.HK)

CT-GEG @EC2610A Stock Performance Chart

Under the banner of "Big Banks," the forecast for April's gaming revenue in Macau has been downgraded to MOP 20.5 billion

The Hong Kong stock ADR is expected to open 341 points higher this morning, reporting at 26,002 points

The Hong Kong stock ADR is expected to open 12 points lower on the Hang Seng Index next Monday, reporting at 25,881 points

The Hong Kong stock ADR is expected to open 211 points higher this morning, reporting at 25,963 points

Credit Suisse downgraded Sands China Ltd. to "Hold," with Wynn Macau and Galaxy Entertainment as top picks in the gaming sector