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<Research>UBS: New Hotel Opening Boosts Macau's GGR; Sector Top Pick GALAXY ENT
According to a report from UBS, the broker's channel checks showed that Macau's GGR averaged MOP685 million per day for the past seven days, up from the previous seven days...
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<Research>UBS: New Hotel Opening Boosts Macau's GGR; Sector Top Pick GALAXY ENT
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According to a report from UBS, the broker's channel checks showed that Macau's GGR averaged MOP685 million per day for the past seven days, up from the previous seven days' average of MOP593 million.

This increase was attributable to the opening of GALAXY ENT (00027.HK)  +0.250 (+0.758%)    Short selling $117.07M; Ratio 19.042%   's new hotel Capella, which attracted some VIP customers to Macau and drove the MTD average daily GGR up by 11% MoM to MOP700 million.

Related NewsJPM Expects MO 2Q25 GGR to Grow 2-3%; Top Pick MGM CHINA
Considering potential demand impacts from the trade war, UBS maintained a cautious stance on the Macau gaming industry. It named GALAXY ENT as its sector top pick, with a target price of HKD34.2 and a Buy rating.

Stocks | Investment Rating | Target Price (HKD)
GALAXY ENT (00027.HK)  +0.250 (+0.758%)    Short selling $117.07M; Ratio 19.042%   | Buy | 34.2
MGM CHINA (02282.HK)  +0.391 (+3.591%)    Short selling $2.81M; Ratio 2.512%   | Neutral | 10
SANDS CHINA LTD (01928.HK)  +0.330 (+2.181%)    Short selling $42.55M; Ratio 25.867%   |Neutral|14.5
WYNN MACAU (01128.HK)  +0.100 (+1.908%)    Short selling $11.18M; Ratio 47.212%   | Sell | 3.8
MELCO INT'L DEV (00200.HK)  -0.040 (-1.159%)    Short selling $2.96M; Ratio 20.425%   | Sell | 2.4
SJM HOLDINGS (00880.HK)  +0.040 (+1.754%)    Short selling $5.26M; Ratio 24.604%   | Sell | 1.6
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)

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