高盛发表研究报告指，香港政府重推“回港易”计划，令最多每日6000名香港市民由内地回港，毋须进行14日隔离；另外“来港易”计划亦将在9月15日开始，容许每日2000名内地居民毋须隔离来港。 该行认为，内地居民以“来港易”到港后，回到内地仍需进行隔离，因此认为大多数通过此计划来港的人士都会留在香港一段时间，并非游客。
*即使开关后复苏将是渐进的*
高盛指，疫情前访港内地居民量每日达13.3万人，“来港易”的2000个名额只占约2%。 该行又指，全面的边境开放并不是迫在眉睫的，需视乎香港、澳门及广东省的疫情发展，即使在开关后，认为内地与香港的零售业复苏将是渐进的。至于本地地产公司方面，该行认为，九龙仓置业(1997.HK)及希慎置业(0014.HK)将更受惠于内地旅客量复苏，因为两家公司来自时装及配件的零售租赁收入分别占62%及30%；健康及美容的零售租赁收入分别各占20%，不过开关后收入的复苏亦是渐进的。
*濠赌股现价已反映复苏不及预期因素，吁买入*
澳门博彩业方面，该行认为，现时濠赌股的股价已反映赌收复苏及旅游限制放宽有限，未见行业出现结构性的问题令到行业不能复苏甚至超越原有水平。该行予银河娱乐、金沙中国、新濠博亚“买入”评级，并予澳博控股“确信买入”评级。
Goldman Sachs Group published a research report saying that the Hong Kong government has pushed back. "It is easy to return to Hong Kong"Plan, make the mostDaily6000 Hong Kong people returning from the mainland do not need to be quarantined for 14 days; in addition, "It is easy to come to Hong Kong"the scheme will also start on September 15 to allow 2000 mainland residents to come to Hong Kong without isolation every day. The bank believes that it is easy for mainland residents to come to Hong Kong.After arriving in Hong Kong, they still need to be quarantined when they return to the mainland. therefore, it is considered that most people who come to Hong Kong through this scheme will stay in Hong Kong for a period of time, not tourists.
* even if the recovery after the switch will be gradual *
Goldman Sachs pointed out that the daily number of mainland residents visiting Hong Kong before the epidemic reached 133000, and the 2000 places for "easy entry to Hong Kong" accounted for only about 2 per cent. The bank also pointed out that the full opening of the border is not imminent and depends on the development of the epidemic in Hong Kong, Macao and Guangdong Province. even after the switch, it is considered that the recovery of the retail industry in the mainland and Hong Kong will be gradual. As for local property companies, the bank believes that Wharf Real Estate Investment (1997.HK) and 0014.HK will benefit more from the recovery in mainland visitors, as the two companies account for 62 per cent and 30 per cent of retail rental revenue from fashion and accessories respectively, and 20 per cent for health and beauty respectively, although the recovery after the switch is also gradual.
* the current price of betting stocks has reflected that the recovery is not as good as expected.
With regard to the Macao gaming industry, the bank believes that the current share prices of Hao betting stocks have reflected the recovery of gambling revenues and the limited relaxation of travel restrictions, and there are no structural problems in the industry that have prevented the industry from recovering or even surpassing the original level. The bank gave it to Galaxy Entertainment,Sands China, Xinhao Boya "Buy"rated and given to SJM Holdings"Be sure to buy”Rating.
