[Macau Golden week visitor Changwang Hao gambling stocks strengthened across the board]
May 3DownloadsugarcrushMacao welcomed a large number of visitors in the first two days of Labour Day holidayDownloadsugarcrushThis event promoted the overall strength of Hong Kong stock betting stocks.
According to data released by the Macao security police, on the second day of the May Day Golden week in the mainland, there were nearly 300000 passengers entering and leaving the country, including 150000 inbound visitors and 14.Downloadsugarcrush. 40,000 outbound passengers. In addition, the total number of entry and exit passengers at various ports reached 65% yesterday.Downloadsugarcrush.2000 thousand.
Against this backdrop, MGM China shares rose nearly 7%, Galaxy Entertainment rose more than 3%, Wynn Macau shares rose more than 2%, and Sands China and Melco International Development both rose more than 1%.
The increase reflects market confidence in Macau's tourism and gaming industries, as well as the role of May Day Golden week in promoting related industries.
Prior to this, the Macao security police had announced the entry and exit of tourists on the first day of the May Day Golden week in the mainland, when there were 229000 passengers entering and leaving the country.
The release of this data further confirmed the growth trend of passenger flow during the May Day Golden week, and provided an important information reference for the market.
Overall, Macao's performance during the May Day Golden week exceeded market expectations, which is undoubtedly a positive signal for investors in related industries.