HK Stock Market Move | Gambling stocks rose in the morning session, with MELCO INT'L DEV (00200) up nearly 10%. Macau's gambling revenue in February increased by 6.8% year-on-year.

In early trading, casino stocks rose. As of the time of publication, MELCO INT'L DEV (00200) rose 9.7% to 4.41 Hong Kong dollars; WYNN MACAU (01128) rose by 4.09% to 5.6 Hong Kong dollars; SANDS CHINA (01928) rose by 3.71% to 18.46 Hong Kong dollars; MGM CHINA (02282) rose by 3.34% to 11.14 Hong Kong dollars; GALAXY ENT (00027) rose by 3.13% to 32.9 Hong Kong dollars. In terms of news, according to the data of the Macau Gaming Inspection and Coordination Bureau, Macau's gross gaming revenue in February was 19.74 billion Macau dollars, an increase of 6.8% year-on-year. The gross gaming revenue for January and February in Macau was 38 billion Macau dollars, an increase of 0.5% year-on-year. JP Morgan's research report previously pointed out that market expectations have lowered to stable growth, as long as industry data does not deteriorate further in the future, industry performance may roughly follow changes in market beta values and liquidity.