HSBC: Macau gambling revenue in September exceeds expectations, galaxy ent (00027) is the top choice.

Starting from late October, gambling operators will begin to announce their third-quarter performance. Morgan Stanley believes that the related performance will basically meet expectations, but expects that the performance of MGM China may fall short of expectations.

Zhitong Finance21:34 ET

Is Now The Time To Put Galaxy Entertainment Group (HKG:27) On Your Watchlist?

Simply Wall St18:34 ET

Hong Kong stocks fluctuate | Macau casino stocks continue recent upward trend, Macau's gambling revenue in September exceeds expectations, Golden Week visitor numbers to Macau expected to be strong.

Macau casino stocks continue recent gains, as of the time of publication, Melco Int'l Dev (00200) rose by 7.93% to 5.58 Hong Kong dollars; mgm china (02282) rose by 6.77% to 13.24 Hong Kong dollars.

Zhitong FinanceOct 2 02:58 ET

Macau casino stocks rallied in the afternoon, with MGM China (02282) rising by 8.06%. Morgan Stanley believes there is still a lot of room for upward valuation in the industry.

King's Finance News | Macau casino stocks surged in the afternoon, with MGM China (02282) up 8.06%, Galaxy Entertainment (00027) up 6.27%, Sands China (01928) up 6.17%, Melco Int'l Dev (00200) up 4.84%, Wynn Macau (01128) up 4.73%, SJM Holdings (00880) up 2.59%. On the news front, the Macau Gaming Inspection and Coordination Bureau announced that September gambling revenue was 17.253 billion Macau patacas, up 15.5% year-on-year, slightly higher than Citic's original forecast of 17 billion Macau patacas; on a monthly basis, it decreased by 1.

Jingu Finance NewsOct 2 01:07 ET

Express News | Macau Says September Gambling Revenue up 15.5 Pct From a Year Earlier to 17.3 Bln Patacas

ReutersOct 1 00:47 ET

China-Linked Stocks Surge Amid Strong Policy Stimulus

Analysts NotebookSep 27 08:29 ET