--- title: "Hong Kong Stock Movement: Placement Agreement Causes Market Turmoil, OKURA HOLDINGS Stock Price Plummets 11.07%" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/265282399.md" description: "OKURA HOLDINGS fell 11.07%; Galaxy Entertainment rose 1.34%, with a transaction volume of HKD 463 million; Sands China Ltd. rose 0.09%, with a transaction volume of HKD 173 million; MGM China fell 0.25%, with a transaction volume of HKD 76.11 million; Wynn Macau rose 1.79%, with a market value of HKD 35.9 billion" datetime: "2025-11-11T07:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/265282399.md) - [en](https://longbridge.com/en/news/265282399.md) - [zh-HK](https://longbridge.com/zh-HK/news/265282399.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/265282399.md) | [English](https://longbridge.com/en/news/265282399.md) # Hong Kong Stock Movement: Placement Agreement Causes Market Turmoil, OKURA HOLDINGS Stock Price Plummets 11.07% **Hong Kong Stock Movement** OKURA HOLDINGS fell 11.07%. Based on recent key news: 1. On November 7, OKURA HOLDINGS entered into a placement agreement with the placement agent, intending to place up to 120 million shares at HKD 0.18 per share, a premium of approximately 14.65% over the closing price on that day. This led to stock price fluctuations, with a transaction volume of HKD 12.3188 million. Source: Zhitong Finance 2. On November 10, OKURA HOLDINGS' stock price rose over 90% in the morning, and as of the time of writing, the increase reached 84.71%, priced at HKD 0.29. This fluctuation is related to the placement agreement, with a strong market reaction. Source: Zhitong Finance. The Hong Kong stock market has recently seen increased volatility, and risks need to be monitored. **Stocks with High Trading Volume in the Industry** Galaxy Entertainment rose 1.34%. Based on recent key news: 1. On November 10, CICC released a research report stating that Galaxy Entertainment's third-quarter revenue increased by 14% year-on-year, in line with market expectations. Increased competition has led to higher operating expenses, impacting performance. Source: Zhitong Finance 2. On November 11, HSBC Research pointed out that the average daily gaming revenue in Macau for the first nine days of November fell by 4% week-on-week, significantly affected by seasonal factors. Source: Economic Information Agency 3. On November 10, Huatai Securities' research report showed that Galaxy Entertainment released its Q3 2025 financial report, with the market weighing total GGR against stable non-gaming performance, but customer acquisition costs are rising. Source: Jinwu Financial News. The Macau gaming industry is significantly affected by seasonal factors. Sands China rose 0.09%. Based on recent key news: 1. On November 11, Sands China released its Q3 2025 financial report, with total net revenue of USD 1.9 billion, a year-on-year increase of 7.5% and a quarter-on-quarter increase of 6.1%. The London property performed strongly, with revenue increasing by 49.1% year-on-year, boosting stock prices. Source: Jinwu Financial News 2. On November 10, Industrial Securities maintained a "Buy" rating on Sands China, expecting revenue and EBITDA to continue to grow in the coming years, enhancing market confidence. Source: Zhitong Finance 3. On November 8, Sands China's community revitalization plan won the PATA Gold Award, enhancing the company's image and supporting stock prices. Source: Las Vegas Sands press release. The tourism industry is recovering, and Macau's market share is rebounding. MGM China fell 0.25%. Based on recent key news: 1. On November 10, MGM China announced the repurchase of 392,000 shares at a cost of approximately HKD 6.243 million, demonstrating the company's confidence in its own value, with the stock price rising by 1.96%. Source: Zhitong Finance 2. On November 11, HSBC's research report indicated that the average daily gaming revenue in Macau for the first nine days of November declined, influenced by seasonal factors, which may put pressure on MGM China's stock price. Source: Economic Information Agency On November 10th, UBS's research report indicated that the demand for Macau's gaming industry is strong, but the revenue from the mass and VIP markets has declined, which may affect MGM China’s market performance. Source: UBS research report on the decline of Macau's gaming industry revenue and increased market volatility risks. **Stocks ranked at the top of the industry market capitalization** Wynn Macau rose by 1.79%. Based on recent key news: 1. On November 10th, Goldman Sachs released a research report, slightly lowering the target price for Wynn Macau to HKD 7.4, maintaining a "Neutral" rating. The EBITDA for the third quarter was USD 308 million, with the VIP win rate rising to 4.26%, and the gaming revenue market share increasing to 13.1%. 2. On November 10th, China International Capital Corporation (CICC) released a research report stating that Wynn Macau's net revenue for the third quarter reached USD 1.001 billion, a year-on-year increase of 15%. The total gaming revenue market share increased to 13%, with performance improvement mainly driven by a low base and market share growth. 3. On November 10th, UBS's research report pointed out that the average daily gross gaming revenue in Macau for the first nine days of November was approximately MOP 711 million, reflecting a strong demand environment. The current industry price corresponds to an expected enterprise value multiple of 8.6 times for 2026. The demand for Macau's gaming industry is strong, with an increase in market share ### 相關股票 - [OKURA HOLDINGS (01655.HK)](https://longbridge.com/zh-HK/quote/01655.HK.md) ## 相關資訊與研究 - [Melco International Development posts FY profit attributable HK$1.06 billion](https://longbridge.com/zh-HK/news/281217958.md) - [11:22 ET"10x10": Off-White™ Icons Reimagined; 10 trailblazing global Creatives reshape 10 Off-White™ icons](https://longbridge.com/zh-HK/news/280657377.md) - [Jackpot Digital Secures Approval from Louisiana Gaming Control Board | JPOTF Stock News](https://longbridge.com/zh-HK/news/281188967.md) - [13:11 ETEBSCOed Expands LER.me into a Free, Open-Access LER Talent Marketplace](https://longbridge.com/zh-HK/news/281405472.md) - [US 10 Year Note Futures Hold Key Support as Macro Crosscurrents Build](https://longbridge.com/zh-HK/news/281024783.md)