HK Stock Market Move | Gambling stocks continue to rise, with a surge in visitor numbers during the Mid-Autumn Festival in Macau. The tourism industry in Macau expects to welcome a record-breaking 130,000 visitors in a single day during the National Day holiday.

In the world of gambling stocks, the upward trend continues. As of the time of writing, GALAXY ENT(00027) rose by 3.97% to 30.10 Hong Kong dollars; MGM CHINA(02282) rose by 3% to 10.03 Hong Kong dollars; Sands China(01928) rose by 3.40% to 14.60 Hong Kong dollars; WYNN MACAU(01128) rose by 2.81% to 5.12 Hong Kong dollars. In terms of news, according to the Macao Public Security Police, the data on entry and exit during the Mid-Autumn Festival holiday shows that from September 14th to 18th, a total of 3.019 million people entered or exited, with 1 million being travelers. Among them, there were 492,000 incoming travelers, with more than 100,000 travelers entering through the border gates and the Hong Kong-Zhuhai-Macau Bridge. The number of outgoing travelers totaled 507,000. According to Macao Daily, some sectors of the Macau tourism industry believe that the number of visitors to Macau during this Mid-Autumn Festival is flourishing, and there may be a chance to exceed the pre-epidemic level of 2019. The Macau tourism industry anticipates that the number of visitors during the National Day Golden Week holiday could reach an average of 130,000 per day, setting a new post-epidemic high. UBS released a research report indicating that the number of new and young customers in the Macau gambling industry has increased, leading to a positive outlook on gambling stocks in Macau. They gave GALAXY ENT and Sands China a "Buy" rating with target prices of 41.6 Hong Kong dollars and 22.6 Hong Kong dollars respectively. Additionally, Goldman Sachs cited information indicating that GALAXY ENT and MGM CHINA have both revealed that the hotel room reservation rate for the National Day Golden Week has exceeded 90%.