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| HSI1 | 25,063.71 | 0.00 | -- |
| HSCEI1 | 8,499.53 | 0.00 | -- |
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2026-03-24 14:44:39 Macau's gross gaming revenue (GGR) for the first 22 days of March stood at MOP15.6 billion, implying a average daily revenue (ADR) of MOP709 million, HSBC Global Investment Research said in a report. Despite less favorable luck last week, the ADR still edged up by 3% to MOP721 million, likely driven by the mass. If the ADR for the remainder of March ranges MOP690-750 million, the GGR for March could reach MOP21.8-22.35 billion, representing a YoY growth of 11-14%. In comparison, GGR for January-February grew by 14% YoY. Based on this, the GGR for 1Q26 could grow by 13-14% YoY, compared to a 15% growth in 4Q25. Despite the sustained pressure on gaming stocks over the past month, GGR remained resilient. The broker reiterated Buy for SANDS CHINA LTD (01928.HK), GALAXY ENT (00027.HK), and MGM CHINA (02282.HK), with target prices of HKD22.5, HKD49, and HKD17, respectively. ~ AASTOCKS Financial News Website: www.aastocks.com | |