Credit Suisse: Positive on Macau gaming stocks, bullish on Galaxy Entertainment Group (00027) and Sands China Ltd (01928).
A UBS research report pointed out that the number of new and young customers in the Macau gaming industry has increased, therefore holding a positive attitude towards the Macau gaming industry stocks, and giving Galaxy Entertainment Group (00027) and Sands China (01928) a "buy" rating with target prices of 41.6 Hong Kong dollars and 22.6 Hong Kong dollars, respectively.
The UBS research report pointed out that the number of new and young customers in Macau's gaming industry is increasing, therefore holding a positive attitude towards the Macau gaming industry stocks, and rated GALAXY ENT (00027) and Sands China (01928) as a "Buy", with target prices of HK$41.6 and HK$22.6 respectively.
UBS stated that the Macau gaming industry is currently actively expanding market share through non-gaming activities, such as expanding sales teams, renovating entertainment venues, increasing dining services, and strengthening membership programs. So far, the measures implemented by GALAXY ENT seem to be the most effective, making better use of venues and increasing the number of marketing personnel, resulting in an increase in market share.
Related Articles

Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.

US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.

Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.

US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.

Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families






