Morgan Stanley: Expects MGM China (02282) to outperform the market in the next 60 days. Rating: "Overweight". Target price: 18 Hong Kong dollars.

Morgan Stanley released a research report stating that due to a 16% year-on-year increase in Macau's total gaming revenue in October 2025, outperforming market expectations, it is believed that the performance of MGM China (02282) stock in the next 60 days will outperform the market index, with a probability of over 80%. The increase in market share for MGM China in the same month is expected to help boost its estimated fourth-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA). Morgan Stanley has set a target price of HK$18 for the stock, with a "hold" rating.