Daiwa believes that Sands China (01928.HK) will outperform the market in the next 60 days, and the rating has been upgraded to "shareholding". Sands China surged 7.14% today (27th), reaching a high of 18.74 yuan, the highest in over three months. It is currently trading at 18.68 yuan, up 11.19%, with a turnover of 31.2239 million shares, involving 0.569 billion yuan.

Other Macau casino stocks also rose with the overall market. Galaxy Ent (00027.HK) opened high by 5.9%, reaching a high of 37.05. It is now at 36.9, up 6.19%, with a trading volume of 14.1403 million shares and involving 0.521 billion yuan.

MGM China (02282.HK) opened high today by 4.23%, reaching a high of 12.1. It is now at 11.92, up 5.11%, with a trading volume of 9.1966 million shares and involving 0.109 billion yuan.

SJM Holdings (00880.HK) opened high today by 2.55%, reaching a high of 2.9. It is now at 2.88, up 5.11%, with a trading volume of 11.7993 million shares and involving 33.5681 million yuan.

Wynn Macau (01128.HK) opened high today by 3.81%, reaching a high of 6.22. It is now at 6.14, up 6.23%, with a trading volume of 18.3574 million shares and involving 0.112 billion yuan.

Melco Int'l Dev (00200.HK) opened high today by 5.49%, reaching a high of 4.84. It is now at 4.74, up 4.18%, with a trading volume of 3.965 million shares and involving 18.9565 million yuan.

According to Daiwa Securities, the recent lower trading prices of Sands China make short-term valuations more attractive. Despite the weak macroeconomic situation in China, Macau casino stocks' fundamentals are expected to remain resilient. Recent support policies in China are boosting investor sentiment and aiding Macau casino stocks. The bank upgraded Sands China to "Shareholding" due to visible catalytic factors, including the peak impact of renovations, improving market share, and starting from 2025.dividendWill gradually recover. If its parent company LVS continues to increase its shareholding, this will also be helpful to it.