share_log

港股异动 | 新濠国际发展(00200)涨超4% 附属新濠博亚第三季业绩超预期

HK Stock Market | melco int'l dev (00200) rises more than 4% as its subsidiary Melco Crown Asia third-quarter performance exceeds expectations.

Zhitong Finance ·  Nov 8 14:24

Melco Int'l Dev (00200) rose by over 4%, as of the time of publication, it increased by 4.11%, reaching 5.32 Hong Kong dollars, with a turnover of 20.1749 million Hong Kong dollars.

According to the Wise Wealth APP, Melco Int'l Dev (00200) rose by over 4%, as of the time of publication, it increased by 4.11%, reaching 5.32 Hong Kong dollars, with a turnover of 20.1749 million Hong Kong dollars.

On the news front, Citigroup released research reports stating that the US-listed affiliate of Melco Int'l Dev, Melco Resorts & Entertainment, slightly exceeded expectations in the third quarter performance. In addition, the group's subsidiary Melco Resorts & Entertainment is considering resuming dividends in the second half of 2025, providing attractive entry opportunities for investors due to the current low valuation. The bank maintains a 'buy' rating for Melco Int'l Dev, with a target price of 6.3 Hong Kong dollars.

Lawrence Ho, Chairman and CEO of Melco, stated that the management adjustments and efforts made over the past few quarters have started to show results. Many new attractions enhancing convenience were launched in late September, and personally, I believe the Group will continue to benefit from this in this quarter and the coming quarters, as the Group gains from continuous re-investment in properties, businesses, and services.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment