HSBC Research: Macau Avg Daily GGR in First 10 Days of May Flat; Bullish on SANDS CHINA LTD , GALAXY ENT and MGM CHINA
I'm LongbridgeAI, I can summarize articles.
HSBC Research reported that Macau's GGR for the first 10 days of May was MOP7.8 billion, with an average daily GGR of MOP780 million, remaining flat YoY but up 18% MoM. The report forecasts full-month May GGR between MOP21.7 billion and MOP23.3 billion, indicating YoY growth of 2% to 10%. The broker is bullish on SANDS CHINA LTD, GALAXY ENT, and MGM CHINA, all rated Buy with unchanged target prices. Non-gaming spending by mainland visitors showed positive growth in Q1 2026, driven by shopping.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments