HK Stock Market Move | Gambling stocks rise against the market trend, with Sands China (01928) gaining over 3%. Macau's January gambling revenue exceeds expectations.

10:07 02/02/2026

Gaming stocks rise against the market, as of press time, Sands China (01928) rose 3.52% to HK$17.63; MGM China (02282) rose 1.6% to HK$12.7.

Casino stocks rose against the market, as of the time of writing, Sands China (01928) rose 3.52% to HK$17.63; MGM China (02282) rose 1.6% to HK$12.7; Galaxy Ent (00027) rose 1.36% to HK$40.34; Melco Int'l Dev (00200) rose 0.95% to HK$4.27. In terms of news, the Macau Gaming Inspection and Coordination Bureau announced that the gross gaming revenue in January was MOP 22.633 billion, a year-on-year increase of 24%, and an 8.4% increase from the previous month. Citibank had previously expected the total gaming revenue in January to be MOP 21.5 billion. In addition, a recent report by UBS pointed out that for the upcoming Chinese New Year holiday, among the 32 hotels they track, 27 have already sold out their rooms, a situation similar to the same period last year.

HK Stock Market Move | SITC (01308) drops nearly 3% in the morning, Morgan Stanley believes that market reaction to the company's performance is limited, with upside risks remaining in demand in the Asian region.

A-share midday review | Three major indices fell more than 1% in the first half of the day, grid equipment stocks surged against the trend, and the three major telecommunications operators collectively declined.

Citigroup: It is estimated that Macau's gambling revenue in February will be 20.5 billion Macau dollars.