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| HSI1 | 19,553.61 | +177.08 | 179.30B |
| HSCEI1 | 6,934.70 | +63.32 | 77.11B |
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2024-05-03 14:32:19 MGM CHINA (02282.HK)'s 1FQ24 net revenue rose 71% YoY to $8.258 billion, recovering to 143% of the same period in 2019, CICC issued a research report saying. Adjusted EBITDA increased 77% YoY to $2.505 billion, recovering to 155% of the same period in 2019, beating the market's expectation of $2.372 billion. Taking into account the Company's better-than-expected growth, CICC raised its 2024/ 2025 adjusted EBITDA forecasts for the Group by 3%/ 1% to $8.502 billion/ $9.809 billion. CICC kept its target price at $18.8, with rating at Outperform. ~ AAStocks Financial News Web Site: www.aastocks.com | |