CICC released a research report covering MGM CHINA (02282.HK) +0.060 (+0.437%) Short selling $18.00M; Ratio 20.229% , which recorded net revenue of RMB9.617 billion in 4Q25, reaching 169% of the level in the same period of 2019. The adjusted EBITDA was RMB2.753 billion, beating the street consensus of RMB2.449 billion.The broker believed that MGM China's performance mainly benefited from the continuous estimate-beating high-end business, with the total GGR of MGM Cotai and MGM Macau recovering to 214% and 104% of the levels in the same period of 2019, respectively.Related NewsCLSA: MGM CHINA (02282.HK) Rating Kept at Outperform as 4Q25 Property EBITDA BeatsThe broker maintained its EBITDA forecasts for MGM China for 2026 and 2027, upholding the Outperform rating and a target price of HKD16.1. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-02-11 16:25.)