GLONGHUI, Oct. 7 | UBS released a report stating that on the first 6 days of the 11th Golden Week (September 30 to October 5), the average number of daily visitors to Macau was about 129,000, equivalent to about 86% of Golden Week 2019; slightly below market expectations for a recovery of more than 90%. The bank mentioned that among them, the average number of mainland visitors to Macau reached about 100,000 per day, accounting for about 78% of the total number of visitors, and reached about 81% of the 2019 Golden Week level, down from the recovery level of about 88% in August this year. At the same time, the recovery rate of non-mainland tourists (mainly Hong Kong tourists) increased significantly during Golden Week, reaching about 1.08 times the 2019 Golden Week level and higher than the level of about 92% in August 2019. Furthermore, the bank expects the average daily gambling revenue of Macau midfield to be about 580 million to 620 million patacas during Golden Week, equivalent to about 85% to 90% of the 2019 Golden Week level. The bank maintains a positive view of Hao Gaming. Among them, it is optimistic and preferred by Aobo, Wynn Macau, and Sands China.
大行评级|瑞银:维持濠赌股正面看法 首选澳博、永利澳门及金沙中国
Bank Ratings | UBS: Maintaining a positive view of Haobei, Macau and Sands China
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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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