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The number of inbound visitors to Macau increased 79% year-on-year in the first quarter to 8.875,800
On April 22, the Macao Statistics and Census Service announced that the total number of inbound visitors in the first quarter of this year was 8.875,800, up 79.4% year on year, and recovered to 85.7% in the same period in 2019.
Zhitong FinanceApr 22 08:24 ET
Changes in Hong Kong stocks | Macau International Development (00200) rose more than 4%, leading the gaming stock market to enter Macau's May 1st Golden Week with an average of 130,000 visitors per day
Gaming stocks rebounded collectively today. As of press release, Macau International Development (00200) rose 3.8% to HK$5.19; Aobo Holdings (00880) rose 3.45% to HK$2.7; Wynn Macau (01128) rose 2.51% to HK$7.36; and Galaxy Entertainment (00027) rose 2.08% to HK$34.35.
Zhitong FinanceApr 22 02:02 ET
[Special Offer V] Ye Shangzhi: The flexibility of Hong Kong stocks still needs to be strengthened
Jinwu Financial News | On April 17, Hong Kong stocks experienced narrow tremors and stabilized after four consecutive days of decline, but elasticity still needed to be strengthened, and the market's cautious wait-and-see atmosphere did not dissipate. The Hang Seng Index rose slightly by nearly 3 points and continued to close at the level of 16,200 points, while the market volume recorded close to 100 billion yuan. China Securities Regulatory Officials explained the contents of the new “National Nine Rules” regarding the delisting of listed companies. The news allayed market concerns. Mainland A-shares showed a big rebound. The Shanghai Composite Index rose by more than 2%, the biggest one-day increase in two and a half months. The situation has brought support to Hong Kong stocks, especially Chinese speciality stocks. Among them, Chinese telecom operators and
金吾財訊Apr 17 22:43 ET
Xiaomo: Downgrading Galaxy Entertainment (00027) and Melco International Development (00200). Recovery progress is disappointing
Komo sees MGM China (02282) and Wynn Macau (01128) as “clear winners.”
Zhitong FinanceApr 17 04:03 ET
Morgan Stanley Downgrades Galaxy Entertainment to Equalweight From Overweight, Adjusts Price Target to HK$38 From HK$46
Galaxy Entertainment Group (HKG:0027) has an average rating of buy and price targets ranging from HK$38 to HK$64, according to analysts polled by CapitalIQ.
MT NewswiresApr 17 02:08 ET
Macau Casino Operators Set to Deliver Positive Earnings Growth in 2024 -- Market Talk
Macau casino operators are poised to deliver positive growth in revenue and profitability this year as Macau's fundamentals continue to ramp up strongly following three years of pandemic-related shutdowns, says Vitaly Umansky, senior analyst at Seaport Research Partners, in a note.
WSJApr 14 23:41 ET
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