On October 5, Gelon foreign exchange gambling stocks fell, while Sands China (1928.HK) fell nearly 3%, while SJM Holdings, Galaxy Entertainment and Wynn Macau fell more than 1%. Macao's novel coronavirus infection response Coordination Center announced yesterday that a new COVID-19 confirmed case is the 72nd local case. The third national nucleic acid test will be conducted in Macao from 9: 00 last night to 9: 00 pm on October 7. According to a recent research report, Macau's gambling revenue in September was very boring, recording 5.879 billion patacas, only 27% of the level before the epidemic, while gambling revenue in the third quarter fell 26% quarterly to about 18.8 billion patacas, the worst record since the local casino reopened. The bank does not expect a significant improvement in gambling revenue in October, because the long National Day holiday is not a golden week for Macao. Guangdong Province has put forward a new epidemic prevention request to Macao, and Macao will still have to maintain quarantine for 14 days when entering Zhuhai. It is not known when the relevant quarantine provisions will be lifted, which means that the long-awaited visas for individual visits and group tours from the mainland to Macao will not be restored in the near future. The bank takes a cautious view of Macau's gaming industry and expects no improvement in short-term demand.
港股异动 | 濠赌股普跌 澳门再现确诊个案 启动第3次全民检测
Changes in Hong Kong stocks | the third nationwide test has been launched for the re-diagnosis of the confirmed case of the general decline of gambling stocks in Macao.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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