GO
| HSI1 | 19,553.61 | +177.08 | 179.30B |
| HSCEI1 | 6,934.70 | +63.32 | 77.11B |
| Back Zoom + Zoom - Block Traded | |
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MO Travel Sector Booms in May Day Golden Wk; MGM CHINA Swells 7%+
2024-05-03 11:21:46 Macau's April GGR exceeded expectations, while Macau's travel industry boomed during the May Day Golden Week. Casinos prospered this morning (3rd). MGM CHINA (02282.HK) last swelled 7.6% to an immediate market high of $14.98, hitting a nearly 5-year high since May 2019. Turnover amounted to $188 million. After the company released its quarterly results, a number of brokers raised their target prices on the Company, among which Goldman Sachs/ Citi Research raised their target prices to $16.5/ $18.35. GALAXY ENT (00027.HK) peaked at $38.05, and last printed at $37.35, up 3.18%, while SANDS CHINA LTD (01928.HK) peaked at $20.2, and last hiked 1.76% to $19.64. WYNN MACAU (01128.HK) peaked at $7.77, and last climbed 2.12% to $7.7, while MELCO INT'L DEV (00200.HK) peaked at $6.55, and last picked up 1.26% to $6.44. SJM HOLDINGS (00880.HK) added 0.34% to last at $2.95, representing a relatively moderate incline. ~ AAStocks Financial News Web Site: www.aastocks.com | |