Zhixin Finance APP learned that Morgan Stanley released a research report stating that even if Wynn Macau (01128) effectively controls operating expenses and invests in promotional resources, its second-quarter property EBITDA reached $0.28 billion, which is less than the bank's and the market's expectations. This is mainly due to the decline in mass market and non-gambling games. The bank pointed out that since July, the group's second-quarter market share rebounded, and the management's overall outlook is still optimistic. However, the bank believes that the initial reaction to its second-quarter performance is still a mild negative impact. The bank gave it a target price of HK$10 and a “shareholding” rating.