CICC released a research report on investment rating and target price for sjm holdings as follows:

Stock | Investment Rating | Target Price (HKD)

MGM China (02282.HK) | Outperform | Target price at 18.8 yuan

Galaxy Entertainment (00027.HK) | Outperform | Target price at 45.8 yuan

Wynn Macau (01128.HK) | Outperform | Target price at 10.3 yuan

Sands China (01928.HK) | Outperform | Target price increased from 26.8 yuan to 32 yuan

Neutral rating for Galaxy Entertainment (00880.HK) with a target price of 3.3 yuan

(wl/k)

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