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<Research>M Stanley Envisions MGM CHINA to Have 80%+ Chance of Outpacing Mkt in Next 60 Days, Rating Overweight
Morgan Stanley has published a technical research report predicting that MGM CHINA (02282.HK) has over an 80% chance (or "highly likely") of outpacing the market in the n...
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<Research>M Stanley Envisions MGM CHINA to Have 80%+ Chance of Outpacing Mkt in Next 60 Days, Rating Overweight
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Morgan Stanley has published a technical research report predicting that MGM CHINA (02282.HK)  +0.300 (+2.149%)    Short selling $7.83M; Ratio 3.400%   has over an 80% chance (or "highly likely") of outpacing the market in the next 60 days. The broker gave the company an Overweight rating with a target price of HKD14.5.

Morgan Stanley based its prediction on the market's expectations for MGM CHINA being relatively low compared to its recent performance. While its market share remained stable in April and May, its current 2025 market EBITDA forecast is around 10% lower than the annualized run rate of 1Q25.

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Meanwhile, MGM CHINA's GGR for 2Q25 was higher both YoY and in absolute terms compared to 1Q, reinforcing the rationale for upward earnings revisions as stronger performance will gradually be reflected in market expectations.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)

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