Macquarie: Galaxy Entertainment is the preferred choice for Macau's May Day gaming revenue in line with expectations (00027)
Macquarie rated Galaxy Entertainment (00027) as “outperforming the market”, and the target price was set at HK$59.3.
MGM China issued a total of 1.781,300 shares due to the exercise of share options
MGM China (02282) announced that it will spend HK$7.888 million to repurchase 544,000 shares on May 6, 2024. On May 6, 2024, a total of 1.781,300 shares were issued as a result of the exercise of share options.
Century Entertainment Arm to Lease Gaming Rooms in Cambodia
Century Entertainment International Holdings (HKG:0959) arm Wisdom Ocean Group intends to rent two VIP casino rooms in a Cambodian hotel, from LongBay Entertainment, for three years at $35,000 a month
MGM China (02282.HK) spent HK$7.89 million to buy back 544,000 shares on May 6
Glonghui, May 6, 丨 MGM China (02282.HK) announced that it spent HK$7.89 million to buy back 544,000 shares on May 6.
Goldman Sachs: Target price increase for MGM China (02282) “neutral” rating to HK$16.5
Goldman Sachs raised MGM China's (02282) 2024-26 EBITDA forecast by 11% to 14%.
China Galaxy Securities: Expected poor opportunities for recommending higher education and gaming sectors in the context of improving Hong Kong stock expectations
Along with the recent overall strengthening of the Hong Kong stock market, China Galaxy Securities proposes to focus on higher education and gaming sectors with large differences in expectations and attractive valuations.