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<Research>CLSA: MO Dec GGR Misses Mkt Consensus; Top Picks Remain as GALAXY ENT/ MGM CHINA
Recommend 2 Positive 11 Negative 7 |
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Macau's GGR for December 2025 grew by 14.8% YoY to MOP20.89 billion, in line with CLSA's forecast but 3% below market consensus, implying that the average daily GGR for the last ten days of December was MOP624 million, compared to MOP698 million per day for the first 21 days, CLSA published a research report saying. Although investors may view this data negatively, the broker still believed that the continued appreciation of RMB against USD will support GGR performance. For January 2026, CLSA expected Macau's GGR to increase by 18% YoY to MOP21.48 billion, 3% higher than market consensus. Its top picks remain as GALAXY ENT (00027.HK) and MGM CHINA (02282.HK). AASTOCKS Financial News Website: www.aastocks.com |
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