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<Research>M Stanley Expects MO Dec GGR to Grow 22%, Favors MGM CHINA
Recommend 3 Positive 11 Negative 1 |
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Macau's November GGR reached MOP21.1 billion, up 14% YoY, surpassing the market expectation of a 10.5% increase, according to a Morgan Stanley research report. In Morgan Stanley's estimate, Macau's December GGR will grow by 22%, implying that the overall GGR for 4Q25 will increase by 17% YoY or 8% QoQ. In terms of stock selection, Morgan Stanley rated MGM CHINA (02282.HK) as Overweight. It considered MGM CHINA's increased market share in October beneficial for the entire sector. AAStocks Financial News |
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