According to the Zhitong Finance APP, gambling stocks continue to rise. As of the press release, Sands China (01928) rose by 3.07%, to HKD 18.14; Galaxy Entertainment (00027) rose by 2.47%, to HKD 39.45; SJM Holdings (00880) rose by 2.19%, to HKD 2.8; and Wynn Macau (01128) rose by 1.48%, to HKD 6.87.

According to reports, Macau Tourism Bureau Director Maria Helena de Senna Fernandes revealed that the number of inbound tourists and consumer data shows that the intention of tourists to visit Macau and their willingness to consume continues to rise. Temporary data as of May this year showed that the number of inbound tourists exceeded 14 million, with an average of over 93,000 tourists per day, a year-on-year increase of about 50%, and has recovered to 82.5% of the same period in 2019. The overall recovery of tourists is ideal.

Morgan Stanley released a research report stating that it maintains a total gambling revenue forecast for June of HKD 17.5-18 billion. The bank pointed out that even if industry demand unexpectedly demonstrates resilience and policies seem favorable, Macau gambling stock valuations are still cheap. The bank believes that there will be no strong factors in the short term to prompt a re-rating, and investors should focus on long-term bullish factors.