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| HSI1 | 23,094.83 | 0.00 | -- |
| HSCEI1 | 7,791.63 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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2026-10-27 11:42:37 UBS published a research report stating that channel checks showed Macau's average daily gaming revenue over the past six days was about MOP592 million, lower than the approximately MOP613 million recorded in the previous eight days. Average daily GGR month-to-date was about MOP706 million, down about 10% YoY and up about 17% MoM, below market expectations for flat YoY performance at around MOP777 million. UBS said the recent slowdown in GGR performance appeared to be dragged down by a lower VIP hold rate and weak premium gaming demand. Month-to-date average daily mass market revenue rose 14% to 17% MoM, while average daily VIP rolling chip revenue increased 15% to 18% MoM. VIP hold rate was 2.9% to 3.2%, compared with 3% to 3.3% last week. The broker expected the base effect facing Nov 2025 to remain challenging, with average daily GGR in Nov 2025 at about MOP703 million, while average daily GGR after the National Day Golden Week was about MOP604 million. UBS continued to list SANDS CHINA LTD (01928.HK) and MGM CHINA (02282.HK) as top picks, with Buy ratings and target prices of HKD15.9 and HKD13.6, respectively. UBS rated GALAXY ENT (00027.HK), Melco Resorts & Entertainment Limited (MLCO.US) and MELCO INT'L DEV (00200.HK) as Buy, with target prices of HKD44.4, USD7.7 and HKD4.3, respectively. It assigned Neutral ratings to WYNN MACAU (01128.HK) and SJM HOLDINGS (00880.HK), with target prices of HKD5.7 and HKD1.5, respectively. (gc/da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |