Gaming stocks generally rose in early trading. As of press release, Macau International Development (00200) rose 9.39% to HK$5.94; Sands China (01928) rose 4.38% to HK$19.54; Aobo Holdings (00880) rose 3.5% to HK$2.96; and Galaxy Entertainment (00027) rose 3.09% to HK$36.7.
The Zhitong Finance App learned that gaming stocks generally rose in early trading. As of press release, Macau International Development (00200) rose 9.39% to HK$5.94; Sands China (01928) rose 4.38% to HK$19.54; Aobo Holdings (00880) rose 3.5% to HK$2.96; and Galaxy Entertainment (00027) rose 3.09% to HK$36.7.
According to the news, the State Administration of Immigration has decided to introduce six policies and measures to facilitate the entry and exit management of private enterprises starting May 6. 1. In 20 cities including Beijing, we have piloted a “full online process” for issuing and issuing additional entry documents. 2. Implement “smart quick processing” and “nationwide processing” for business endorsements to Hong Kong and Macau. 3. The six categories of talents from Beijing and Shanghai can apply for talent endorsements to Hong Kong and Macau. 4. Extend the period of stay in Hong Kong and Macau for those with a business endorsement to Hong Kong and Macau. 5. Issuance of “other” endorsements for visits to Macau more than 1 year. 6. Participants in the “Qin'ao Tour Group” are allowed to travel back and forth between Qin and Macau multiple times.
Furthermore, on April 19, the Macau Tourist Office expects the number of inbound visitors to reach an average of 130,000 per day during the upcoming May 1st Golden Week. This figure is a significant increase compared to the number of visitors during the Qingming and Easter holidays. At the same time, the Macau hotel industry also has optimistic expectations for the occupancy rate during the Golden Week period, which is expected to reach 90% full.