Back    Zoom +    Zoom -
<Research>CLSA Adjusts TPs for Casinos; Top Picks SANDS CHINA LTD/ GALAXY ENT
Recommend
17
Positive
24
Negative
11
CLSA released a report predicting that Macau's GGR may be very modest next year, with an expected YoY increase of 4% to US$29.3 billion. Consequently, expanding market share is crucial for casino stocks.

Among Macau casino stocks, CLSA selected SANDS CHINA LTD (01928.HK) and GALAXY ENT (00027.HK) as its top picks, but it was also optimistic about SJM HOLDINGS (00880.HK) continuously expanding its market share. Target prices are detailed in a separate table.

Related NewsUBS Adjusts Focus Stock Lists as Uncertainty for HK Stocks Heightens Next Yr

AAStocks Financial News