Gelonghui, November 16 | According to a report published by J.P. Morgan Chase, the third quarter performance of Aobo Holdings was generally in line with expectations. The bank lowered the company's EBITDA forecast for 2023-2025 by about 3% to reflect that the launch of Macau's Upper Lisboa Integrated Resort was slower than expected, and that the project will account for an increasing share in 2024 and 2025. The bank lowered the target price of the Australian Expo from HK$3.3 to HK$3, and maintained its “neutral” rating due to its relative preference for the gaming industry. Furthermore, the bank's ranking of gambling stock preferences remains unchanged. The industry's first choice is MGM China, followed by Wynn Macau, Galaxy Entertainment and Sands China, City of Dreams and Macau Expo.