No Data
Da Hua Ji Xian will include companies such as AIA, China Overseas, Silver Entertainment, and Meituan in the "buy" list, with a "sell" rating as the ideal.
Dahua Jixian published a research report stating that the MSCI China Index rose 0.8% in August, compared to a 3.7% increase in the Hang Seng Index. This is due to the former being dragged down by weak performances in utilities, materials, and consumer goods. Looking ahead, the bank believes that the market has already reflected the expectation of a rate cut by the Federal Reserve in September, and that interest rate-sensitive industries are unlikely to perform well. The bank will be recommending AIA (01299.HK), China Overseas (00688.HK), Galaxy Entertainment (00027.HK), Meituan (03690.HK), Ping An Insurance (02318.HK), and United Lab (03933.
Macau Meteorological and Geophysical Bureau: Expected to issue Typhoon Signal No. 8 between 8 pm and 11 pm tonight.
Typhoon signal No. 3 is still in effect in Macau. The Macao Meteorological and Geophysical Bureau expects that due to the impact of Super Typhoon 'Capricorn', consideration will be given to issuing Typhoon signal No. 8 from 8:00 p.m. to 11:00 p.m. tonight (5th). In addition, a blue storm surge warning was issued at 11:00 a.m., and there is a moderate chance of changing to a yellow storm surge warning tonight until early tomorrow morning. The Macao Meteorological and Geophysical Bureau predicts that the wind in Macau will increase and thunderstorms will become more frequent. At 11:00 a.m., Super Typhoon 'Capricorn' was located about 400 kilometers southeast of Macau, moving westward at a speed of about 12 kilometers per hour, roughly towards the Leizhou Peninsula to Hainan Island. According to the current predicted path, 'Capricorn' is expected to pass through Macau tomorrow.
Galaxy Entertainment received a shareholding of 3.3917 million ordinary shares from JPMorgan, with a value of approximately 0.101 billion Hong Kong dollars.
According to the documents disclosed by the Hong Kong Stock Exchange on September 4th, JPMorgan Chase & Co. increased its shareholding in Galaxy Entertainment (00027.HK) by purchasing a total of 3.3917 million shares of common stock at an average on-exchange price of HKD 29.7805 per share and an average off-exchange price of HKD 29.8809 per share, with a total value of approximately HKD 0.101 billion on August 29th. After the increase, JPMorgan Chase's latest shareholding is 0.221 billion shares, and the ownership ratio has increased from 4.96% to 5.04%. Image source: Stock Exchange equity disclosure. What is equity disclosure? According to Hong...
Dans "DaXing", les prévisions de recettes de jeu à Macao pour les deux prochaines années ont été généralement revues à la baisse, et les objectifs de prix des actions de l'industrie du jeu ont également été révisés à la baisse.
According to the report released by Lyon, the market is overly concerned about the Macau gambling industry, so the total gambling revenue in August increased by 6% month-on-month. The dividend of HO gambling stocks also had surprises, and the RMB has appreciated by 3% since July. It is expected that the hotel bookings during the golden week in Macau in October will also be quite stable. Lyon stated that after HO gambling stocks announced their second quarter performance, the forecast for gambling revenue in the fiscal year 2024 and 2025 was lowered by 2%, to $28.4 billion and $29.6 billion respectively, and the EBITDA forecast was also lowered by 3% to 4%. Within the coverage of the industry, five companies were rated "outperform the market," one was rated "hold," and the target prices were generally downgraded.
Labor Affairs Bureau of Macau and six gaming companies jointly organize 6 job matching events, providing over 1,800 job vacancies.
According to Macau media reports, the Macau Labour Affairs Bureau has partnered with 6 local integrated resort and leisure companies this month (September), including Wynn, Galaxy Entertainment, Sands China, Macau Entertainment Group, MGM Resorts International, and Melco Resorts and Entertainment, to launch at least 6 job fair events, offering 1,838 job vacancies. It is reported that the job positions cover various front-line and logistical departments of the hotels and dining establishments under each company. Among them, the vacancies for dining, housekeeping and cleaning, and front-line operations positions account for more than 80% of the total. In addition, the job fair also covers some management and professional technical positions, including financial reporting and corporate accounting managers.
Macau Gaming Revenue Rises 15% in August