Macau's April GGR exceeded expectations, while Macau's travel industry boomed during the May Day Golden Week. Casinos prospered this morning (3rd). MGM CHINA (02282.HK) -0.220 (-1.484%) Short selling $31.40M; Ratio 22.275% last swelled 7.6% to an immediate market high of $14.98, hitting a nearly 5-year high since May 2019. Turnover amounted to $188 million. After the company released its quarterly results, a number of brokers raised their target prices on the Company, among which Goldman Sachs/ Citi Research raised their target prices to $16.5/ $18.35.Related NewsGALAXY ENT (00027.HK) 1Q24 Adj. EBITDA Hikes 49% YoY to $2.8BGALAXY ENT (00027.HK) +0.750 (+1.916%) Short selling $118.90M; Ratio 13.804% peaked at $38.05, and last printed at $37.35, up 3.18%, while SANDS CHINA LTD (01928.HK) +0.150 (+0.719%) Short selling $74.25M; Ratio 12.013% peaked at $20.2, and last hiked 1.76% to $19.64.WYNN MACAU (01128.HK) +0.020 (+0.243%) Short selling $10.95M; Ratio 15.279% peaked at $7.77, and last climbed 2.12% to $7.7, while MELCO INT'L DEV (00200.HK) +0.140 (+2.134%) Short selling $1.71M; Ratio 4.445% peaked at $6.55, and last picked up 1.26% to $6.44. SJM HOLDINGS (00880.HK) -0.010 (-0.322%) Short selling $3.00M; Ratio 8.482% added 0.34% to last at $2.95, representing a relatively moderate incline.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-17 16:25.)