瑞银发布研报称，对澳门博彩业明年前景看法正面，预期需求将保持强韧，丰富的旅游产品、市场推广 增加及客户基础更多元化均将支持行业增长，特别看好高端需求，将今明两年澳门博彩总收入增长预测 由8%及5%，提升至9%及6%，并预期博彩营运商EBITDA可增长约1%及7%。瑞银预期明年濠赌股竞争 格局将维持稳定，当中高端博彩营运商份可持续取得市场份额，目前行业首选股为银河娱乐(00027)、 永利澳门(01128)及美高梅中国(02282)。 ...

瑞银发布研报称，对澳门博彩业明年前景看法正面，预期需求将保持强韧，丰富的旅游产品、市场推广 增加及客户基础更多元化均将支持行业增长，特别看好高端需求，将今明两年澳门博彩总收入增长预测 由8%及5%，提升至9%及6%，并预期博彩营运商EBITDA可增长约1%及7%。瑞银预期明年濠赌股竞争 格局将维持稳定，当中高端博彩营运商份可持续取得市场份额，目前行业首选股为银河娱乐(00027)、 永利澳门(01128)及美高梅中国(02282)。 ...

智通财经APP获悉，瑞银发布研报称，对澳门博彩业明年前景看法正面，预期需求将保持强韧，丰富的 旅游产品、市场推广增加及客户基础更多元化均将支持行业增长，特别看好高端需求，将今明两年澳门 博彩总收入增长预测由8%及5%，提升至9%及6%，并预期博彩营运商EBITDA可增长约1%及7%。瑞银 预期明年濠赌股竞争格局将维持稳定，当中高端博彩营运商份可持续取得市场份额，目前行业首选股为 银河娱乐(00027)、永利澳门(01128)及美高梅中国(02282)。 ...

Core Viewpoint - UBS has a positive outlook on the Macau gaming industry for the next year, expecting demand to remain robust due to a rich array of tourism products, increased market promotion, and a more diversified customer base [1] Group 1: Industry Growth Projections - The total gaming revenue growth forecast for Macau has been raised from 8% and 5% to 9% and 6% for the next two years [1] - EBITDA for gaming operators is expected to grow by approximately 1% and 7% in the coming years [1] Group 2: Competitive Landscape - The competitive landscape for gaming stocks in Macau is expected to remain stable next year, with high-end gaming operators likely to sustainably gain market share [1] - The preferred stocks in the industry currently include Galaxy Entertainment, Wynn Macau, and MGM China [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2025年11月30日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 銀河娛樂集團有限公司 | | | | 呈交日期: | 2025年12月4日 | | | | I. 法定/註冊股本變動 不適用 | | | | | 備註： | | | | | 銀河娛樂集團有限公司並無法定股本，及其股本並無股份面值。 | | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 | 1. 股份分類 | 普通股 | | 股份類別 不適用 | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00027 | 說明 | | | | | | | | | 已發行股份（不包括庫存股份）數目 | | 庫存股份數目 | | 已發行股份總數 | | | 上月底結 ...

Core Viewpoint - Galaxy Entertainment's stock price has recently rebounded, currently around HKD 40, driven by better-than-expected Macau gaming revenue for November, which reached HKD 21.1 billion, exceeding market expectations [1][2]. Group 1: Market Performance - The increase in Galaxy Entertainment's stock price is attributed to the strong performance of Macau's gaming sector, with November's revenue being particularly impressive given it is not a peak holiday month [1]. - The positive sentiment surrounding the Macau gaming sector is expected to continue into December and January, as more tourists may choose Macau as a travel destination [1]. - As of the latest data, Galaxy Entertainment's stock price stabilized at HKD 40.3, with a slight decline of 1.61% [2]. Group 2: Technical Analysis - Short-term technical signals indicate a slight predominance of "sell" signals, although the stock has recently surpassed its 10-day and 30-day moving averages [2][4]. - Key resistance levels are identified at HKD 42.1 and HKD 43.5, while the first support level is at HKD 39.1, with stronger support at HKD 38.5 [4]. - Various technical indicators show mixed signals, with some indicating "buy" while others suggest "sell," adding uncertainty to the short-term outlook [4]. Group 3: Derivative Instruments - Investors have options for both bullish and bearish strategies, with various call and put warrants available, reflecting different market expectations [2][6]. - Notable warrants include a call option with a strike price of HKD 50.05 and a put option with a strike price of HKD 28.98, both offering significant leverage [1][6]. - The performance of related warrants has shown a pronounced leverage effect following the stock's movements, indicating that derivative instruments can amplify price fluctuations [4].

智通财经APP获悉，摩根大通发布研报称，澳门博彩业势头持续向好，总收入再创强劲佳绩。11月博彩 总收入同比增长14%，达211亿澳门元，恢复至疫情前水平的92%，为疫情以来最佳复苏状态。随著盈 利可见度提高及投资者基础扩大，该行认为未来数季其行业估值存显著上调空间。该行的投资排序为： 金沙中国(01928)及银河娱乐(00027)＞永利澳门(01128)及美高梅中国(02282)＞新濠博亚娱乐(MLCO.US) ＞澳博控股(00880)＞新濠国际发展(00200)。 小摩现预计，12月博彩总收入同比增15%以上，且仍有上调空间或出现20%以上的增长。该行认为，若 达成此目标，今年第四季澳门博彩总收入年增将达15-16%，季增5-6%，为六年来最佳季度，远超该行 及市场普遍预期的约12%同比增长。 该行表示，看好2026年澳门博彩股，尽管市场已有所预期，但12月博彩总收入的加速增长仍将提振短期 市场情绪，同时，金沙中国有望于2月将其每股派息翻倍，美高梅中国或将在3月提高派息比率，这将体 现运营商对盈利及现金流可持续增长的强大信心。该行预计，受惠于低基数效应，增长势头有望延续至 明年首季。 ...

（原标题：港股收评：恒指涨0.24%，银河娱乐涨近3%领跑博彩股，生物医药股下跌） 12月2日，港股三大指数早盘高开盘中回落曾集体转跌，午后又再度回升，总体波动不大，市场情绪平稳。恒生指数、国企指数分别上涨0.24%及 0.11%，恒生科技指数则下跌0.37%。 盘面上，大型科技股涨跌不一，美团跌3%，阿里巴巴、小米小幅上涨；工程机械出海大趋势明显，重型机械股集体走强，龙头三一重工、中联重 科涨幅靠前；摩通看好澳门博彩股明年趋势，濠赌股全天维持上涨行情；煤炭股、保险股、石油股、内房股、苹果概念股多数上涨。另一方面， 11月汽车股交付出炉，汽车股走势出现两极分化，广汽集团大涨超7%，"蔚小理"全天表现低迷；药品股、影视娱乐股、半导体芯片股多数下跌。 具体来看： 大型科技股涨跌不一，阿里巴巴、小米小幅上涨，美团跌3%。 重型机械股集体走强，龙头三一重工涨5.62%，中联重科涨1.78%，中国龙工涨1.35%。 消息面上，中国工程机械工业协会数据显示，10月销售各类挖掘机18096台，同比增长7.77%，其中国内销量8468台，同比增长2.44%；出口销量 9628台，同比增长12.9%。中信建投指出，在当前时间点 ...

Market Overview - Hong Kong stocks opened higher but closed lower, with the Hang Seng Index rising 0.24% to 26,095.05 points and a total turnover of HKD 178.25 billion [1] - The Hang Seng Tech Index fell 0.37% to 5,624.04 points, while the Hang Seng China Enterprises Index increased by 0.11% to 9,182.65 points [1] Blue Chip Performance - Galaxy Entertainment (00027) led blue-chip stocks, rising 2.81% to HKD 40.98, contributing 3.88 points to the Hang Seng Index [2] - Other notable blue-chip performers included Hengan International (01044) up 2.69% and Budweiser APAC (01876) up 2.35% [2] - WuXi AppTec (02359) fell 3.13%, dragging the index down by 2.2 points, while SMIC (00981) decreased by 1.15%, contributing a drop of 5.66 points [2] Sector Highlights - The gaming sector saw a rise, with Macau's November gaming revenue reaching MOP 210.9 billion, a 14.4% year-on-year increase, exceeding market expectations [4] - The mobile phone supply chain remained active, with notable gains in companies like AAC Technologies (02018) and BYD Electronics (00285) [4][5] - The automotive sector showed mixed results, with BYD (01211) up 2.19% while Xpeng Motors (09868) fell 5.52% [5][6] Notable Stock Movements - Conant Optical (02276) surged 10.58% after announcing its role as the exclusive lens supplier for Alibaba's AI glasses [7] - Giga Biologics (02367) rose 8.53% following a share buyback announcement [8] - GAC Group (02238) increased by 7.32% due to positive management updates regarding new battery technology and partnerships [9] - Longpan Technology (02465) saw a 4.1% rise amid industry price adjustments in lithium iron phosphate [10] - 3SBio (01530) faced pressure, dropping 4.61% after announcing a share placement to raise HKD 31.15 billion for R&D and operational expenses [11]

Market Overview - Hong Kong stocks opened higher but closed lower, with the Hang Seng Index rising 0.24% to 26,095.05 points and a total turnover of 178.25 billion HKD [1] - The Hang Seng Tech Index fell 0.37% to 5,624.04 points, while the Hang Seng China Enterprises Index increased by 0.11% to 9,182.65 points [1] Blue Chip Performance - Galaxy Entertainment (00027) led blue-chip stocks, rising 2.81% to 40.98 HKD, contributing 3.88 points to the Hang Seng Index [2] - Other notable blue-chip performers included Hengan International (01044) up 2.69% and Budweiser APAC (01876) up 2.35% [2] - WuXi AppTec (02359) fell 3.13%, negatively impacting the index by 2.2 points [2] Sector Highlights - Macau's November gaming revenue reached 21.09 billion MOP, a 14.4% year-on-year increase, exceeding market expectations [4] - The mobile phone supply chain remained active, with notable gains in companies like AAC Technologies (02018) and BYD Electronics (00285) [4][5] - The automotive sector showed mixed results, with BYD (01211) up 2.19% while Xpeng Motors (09868) fell 5.52% [5][6] Notable Stock Movements - Conant Optical (02276) surged 10.58% to 54.85 HKD following the launch of AI glasses in collaboration with Alibaba [8] - Giga Biotech (02367) rose 8.53% after announcing a share buyback plan [9] - GAC Group (02238) increased by 7.32% due to positive management announcements regarding new battery technology and partnerships [10] - Longpan Technology (02465) saw a 4.1% increase amid industry price adjustments in lithium iron phosphate [11] - 3SBio (01530) faced pressure, dropping 4.61% after announcing a share placement to raise capital [12]