HK Stock Market Move | The gambling stocks have increased in price, the gambling companies are about to enter the financial reporting season, and the stock prices of leading companies have already reflected expectations of declining performance.

Casino stocks have increased, as of the time of publication, Sands China (00200) rose 5.66% to 3.36 Hong Kong dollars; WYNN MACAU (01128) rose 5.04% to 5.42 Hong Kong dollars; GALAXY ENT (00027) rose 4.34% to 32.72 Hong Kong dollars; MGM CHINA (02282) rose 4.08% to 10.47 Hong Kong dollars. Citi released a research report stating that Macau casino revenue in the second quarter of this year was affected by the World Cup and extremely unfavorable VIP room win rates, leading to an increase in operating leverage. It is expected that industry EBITDA in the next quarter will decrease to $1.923 billion, a 7% decrease year-on-year, and a 12% decrease quarter-on-quarter. However, due to the industry currently being valued nearly two standard deviations below historical averages, it is believed that stock prices have largely reflected the negative factors. Goldman Sachs, on the other hand, stated that casino companies will begin reporting their second quarter results for 2026 at the end of this month. Given the widely reported softening trend in total casino revenue, the bank believes that the decline in performance is already widely expected by investors. The main focus may be on the extent of the decline in EBITDA amid concerns about increasing competition; company costs, capital investment, and shareholder return guidance.