According to the Securities Times app, Macau casino stocks have been continuously climbing recently, Wynn Macau (01128) rose by 7.3% to 6.76 Hong Kong dollars; SJM Holdings (00880) rose by 5.86% to 3.07 Hong Kong dollars; MGM China (02282) rose by 5.05% to 12.48 Hong Kong dollars; Sands China (01928) rose by 4.38% to 20 Hong Kong dollars.

On the news front, according to reports, Zhang Jianzhong, Chairman of the Macau Travel Agents Association and President of the Hotel Industry Association, stated that based on the current operation of the tourism industry this year, the industry is full of confidence in the market during the 'Golden Week' holiday. Currently, the booking rate of traditional hotels in the Nova City area is close to eighty percent, with room rates basically the same as the same period in 2019, guests generally booking for two to three nights, and the length of stay extending. As the holiday approaches, booking data will increase, with an expected average daily tourist volume of over 0.1 million people or more during the Golden Week period, and the hotel occupancy rate is expected to exceed ninety percent.

Citigroup's research reports point out that Macau casino hotels have shown strong performance in bookings during the National Day Golden Week, with preferred stocks including Galaxy Entertainment with a target price of 62.5 Hong Kong dollars; Sands China with a target price of 24.7 Hong Kong dollars. The bank stated that in addition to strong bookings, many mid-level players even booked earlier than during the Lunar New Year period. The bank cited one operator as saying that the estimated total gambling revenue during the National Day Golden Week holiday is approximately 0.9 billion Macau patacas per day, which will be basically in line with the performance during this year's Lunar New Year Golden Week and Labor Day holidays. The bank also remains bullish on the mid-range customer demand in Macau casinos.