Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00880 SJM HOLDINGS
RTNominal up9.110 +0.060 (+0.663%)
Others

11/08/2020 15:58

{I-bank focus}Macau players to gain from Zhuhai's relaxation

[ET Net News Agency, 11 August 2020] The Macau government announced Zhuhai will be the
first Chinese city to be issued with Macau tourist visas from 12 August. Jefferies
Research believes this is the first significant step to GGR recovery as it expects other
Chinese cities to follow in phases, similar to recent Guangdong phased quarantine
relaxation.
This is in line with Jefferies' phased IVS (individual visit scheme) issuances
expectations but slightly earlier than expected. The research house expects the sector to
react positively to this news.
After four consecutive months of >90% GGR declines, the trend continues into August with
GGR for the first nine days at MOP33M/day versus MOP783M/day in August 2019, according to
Jefferies' industry sources and checks.
VIP and Mass were lower by 94-96% and 96-98%, respectively. VIP win-rate was a normal
3%, but weekly GGR continues to fluctuate due to a statistically small number of players.
(KL)

Remark: Real time quote last updated: 27/11/2020 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2020 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.