Group 1 - The core viewpoint of the article highlights a significant rise in Hong Kong's gaming stocks, particularly driven by the strong performance of Golden Century Holdings, which surged 18% after its earnings report [1] - Golden Century Holdings reported a revenue of $342 million for the first half of the year, representing a year-on-year increase of 16.76% [1] - The company achieved a profit attributable to shareholders of $149 million, marking a turnaround from a loss, with earnings per share at 3.36 cents and an interim dividend of 1.01 cents [1] Group 2 - The financial position of Golden Century Holdings showed a substantial increase in cash and bank balances, which surged by 103.5% to $245 million, with a net asset value of $2.3 billion [1] - Several institutions have released research reports expressing optimism about the gaming industry, with Morgan Stanley predicting continuous growth in Macau's gaming revenue from 2025 to 2027 due to improved operating leverage and competitive dynamics [1] - JPMorgan has raised its forecasts for the Macau gaming industry for the third time in three months since the last upgrade [1] Group 3 - Other gaming stocks also experienced gains, with Macau Legend rising 7.6%, Melco International Development up 6.9%, and Wynn Macau increasing by over 3% [1] - Additional stocks such as SJM Holdings and Galaxy Entertainment saw increases of over 1%, indicating a positive trend across the sector [1]

格隆汇8月15日丨汇彩控股(01180.HK)公布，公司将于2025年8月27日召开董事会会议，以（其中包括） 审议及通过集团截至2025年6月30日止六个月的中期业绩及其发布，以及审议派发中期股息的建议（如 有）。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因 倚賴該等內容而引致之任何損失承擔任何責任。 PARADISE ENTERTAINMENT LIMITED 承董事會命 滙彩控股有限公司 公司秘書 陳健文 滙彩控股有限公司* （於百慕達註冊成立之有限公司） （股份代號：1180） 董事會會議召開日期通知 滙彩控股有限公司（「本公司」）董事會（「董事會」）謹此公佈，本公司將於二零二五年八月二十 七日（星期三）舉行董事會會議，以（當中包括）考慮及批准公佈本公司及其附屬公司截至二零 二五年六月三十日止六個月之未經審核綜合中期業績，及考慮宣派中期股息（如有）。 香港，二零二五年八月十五日 於本公告日期，本公司執行董事為陳捷博士（主席兼董事總經理，亦為單世勇先生之替任董 事）及單世勇先生，而本公司獨立非執行董事為李宗揚先生、鄧喬心女士及廖家瑩博士。 * 僅供識別 ...

花旗研究报告指，该行统计8月澳门高端中场博彩投注额按年升5%至1,340万元，高端中场赌客数量按 年跌5%至624名，意味人均投注额按年升10%至21,543元，连续4个月有双位数升幅，反映赌客质量提 高。 摩根大通称，自从上一次对澳门博彩业进行预测升级以来，三个月内第三次上调对该行业的预测。该行 预测，2025年下半年博彩总收入(GGR)增长13%。(格隆汇) 港股濠赌股普遍上涨，其中，金沙中国、银河娱乐涨近2%，澳博控股涨1.5%，美高梅中国、汇彩控股 涨超1%，永利澳门、新濠国际发展涨0.6%。 消息上，近期多家机构发布研报看好博彩行业前景。摩根士丹利表示，看好经营杠杆与竞争格局改善， 预测澳门2025至2027年博彩收入将持续攀升。 | 代码 | 名称 | 最新价 | 涨跌幅 √ | | --- | --- | --- | --- | | 01928 | 金沙中国有限公 | 20.600 | 1.78% | | 00027 | 银河娱乐 | 40.020 | 1.73% | | 00880 | 澳博控股 | 3.290 | 1.54% | | 02282 | 美高梅中国 | 16.200 | 1.25 ...

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7月31日 | 狀態: | 新提交 | | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | 公司名稱: | 滙彩控股有限公司 | | | | 呈交日期: | 2025年8月1日 | | | | I. 法定/註冊股本變動 | | | | | 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) | 01180 | 說明 | | | | | | | | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | 1,000,000,000,000 | HKD | | 0.001 HKD | | 1,000,000,000 | | 增加 / 減少 (-) | | | | | HKD | | | | 本月底結存 | | 1,000,000,000, ...

Group 1: Market Trends - The paper sector continues its upward trend, with Nine Dragons Paper (02689.HK) leading the gains, rising over 9% after announcing a price increase of 30 CNY/ton for corrugated paper and recycled cardboard starting August 1, reflecting an optimized supply-demand structure in the industry [1] - The brokerage sector saw collective strength, with major Chinese brokerages like Dongfang Securities (03958.HK) and Zhongyuan Securities (01375.HK) rising over 6% and 5% respectively, indicating significant capital inflow into the sector [1] - Urban Beauty (02298.HK) surged 13% as its online GMV for 2024 is projected to reach 1.57 billion CNY, marking a 100% year-on-year increase, showcasing the effectiveness of its new retail transformation [1] Group 2: Company Performance - China Duty Free Group (01880.HK) soared 17% after Macquarie's report indicated a narrowing year-on-year revenue decline from 19.5% in Q4 2024 to 11% in Q1 2025, with a stable gross margin of 33% [1] - The gaming sector experienced a broad increase, with companies like 澳博控股 (00880.HK) and 银河娱乐 (00027.HK) rising over 3%, supported by UBS data showing Macau's average daily gaming revenue in July at 683 million MOP, a 14% year-on-year increase [2] - 雍禾医疗 (02279.HK) saw a 13% increase after forming a strategic partnership with Meituan Health to build a medical-grade hair health service system [2] Group 3: Real Estate and Financing - The Hong Kong real estate sector collectively strengthened, with Country Garden (02007.HK) leading with nearly a 10% rise, driven by improved financing conditions as indicated by the People's Bank of China's report showing a recovery in real estate loan growth [3] - Meilan Airport (0357.HK) rose 10% as CITIC Securities highlighted the significance of Hainan's trade opening, which is expected to benefit the local tourism industry [3] Group 4: Gold Sector Decline - The gold sector faced pressure, with companies like 潼关黄金 (00340.HK) and 大唐黄金 (08331.HK) dropping over 4%, attributed to a decline in spot gold prices below 3,380 USD/oz, driven by reduced safe-haven appeal due to easing trade tensions [4] Group 5: US Market Highlights - Futu Holdings (FUTU.US) rose 2.82% after announcing a long-term strategic partnership with Huaxia Fund to promote the integration of traditional finance and blockchain technology [5] - Japanese automotive stocks surged, with Toyota (TM.US) and Honda (HMC.US) rising over 13% following news of a trade agreement reducing tariffs on Japanese cars [6] - Nuclear power stocks in the US saw significant gains, with Oklo Inc (OKLO.US) rising 9.21%, reflecting a growing interest in nuclear energy [5]

Market Overview - The Hong Kong stock market showed a positive trend with the Hang Seng Index rising 1.63% to close at 24,181.43 points, while the Hang Seng China Enterprises Index and the Hang Seng Tech Index also saw significant gains of 1.74% and 2.78% respectively, marking a technical bull market as they rose over 20% from April lows [1] - The trading volume for the day reached 245.83 billion HKD, indicating strong market activity [1] Blue Chip Performance - Kuaishou-W (01024) led the blue-chip stocks with a 5.58% increase, closing at 62.4 HKD, contributing 16.34 points to the Hang Seng Index [2] - Other notable performers included WuXi Biologics (02269) up 5.48%, SMIC (00981) up 5.1%, while Budweiser APAC (01876) and Zijin Mining (02899) experienced declines of 2.06% and 1.64% respectively [2] Sector Highlights - Major technology stocks collectively rose, with Kuaishou increasing over 5% and Meituan and JD.com both rising over 4% [3] - The innovative drug sector showed strong performance, with stocks like Eucure Biopharma-B (01477) up 19.45% and King’s Ray Biotech (01548) up 16.14% [3][4] - The Chinese securities sector saw a broad increase, with firms like Everbright Securities (06178) rising 5.27% and GF Securities (01776) up 4.66% [4] Regulatory Developments - The China Securities Regulatory Commission approved the transfer of control for eight companies to Central Huijin, which may lead to a new wave of mergers and acquisitions in the securities industry [5] Consumer and Technology Trends - The upcoming Apple Worldwide Developers Conference (WWDC 2025) is expected to drive interest in consumer electronics and related stocks, with companies like AAC Technologies (01415) and Sunny Optical (02382) showing gains [6] - New consumption stocks also performed well, with companies like Bruker (00325) rising 22.34% [6][7] Commodity Movements - Gold stocks faced declines, with Shandong Gold (01787) down 3.99%, influenced by stable U.S. employment data which suggests the Federal Reserve may maintain its current interest rate stance [7] Notable Stock Movements - China Rare Earth (00769) surged 60% following news of eased export controls on rare earths, reflecting strong market interest [8] - Huicai Holdings (01180) experienced a dramatic drop of 47.54% before being suspended, indicating volatility in the entertainment equipment sector [9]

Group 1 - The company, 汇彩控股, announced a trading suspension after experiencing a significant drop of 47.54% prior to the halt [1]

Investment Rating - The report suggests a positive outlook for 汇彩控股 (1180.HK) due to the recovery in the Macau tourism and gaming sectors, indicating potential investment opportunities [10]. Core Viewpoints - The number of inbound tourists to Macau has significantly increased post-pandemic, with a year-on-year growth of 23.8% in 2024, reaching 34.92 million visitors [2][9]. - Macau's gaming revenue is also recovering, with a 23.9% year-on-year increase in gross gaming revenue in 2024, amounting to 226.78 billion MOP [2][9]. - The gaming industry is transitioning from a reliance on "VIP" gaming to a more diversified revenue model, as indicated by the decline in the share of "VIP baccarat" from 56.7% in 2017-2019 to 24.1% in 2024 [5][10]. Summary by Sections Tourism Recovery - Inbound tourist numbers to Macau have shown a strong recovery, with 12.9% growth in the first four months of 2025 compared to the previous year [2][9]. - The total number of inbound tourists for 2024 was 34.92 million, reflecting a robust recovery in the tourism sector [2][9]. Gaming Revenue Trends - Macau's gross gaming revenue for 2024 was 226.78 billion MOP, marking a 23.9% increase year-on-year [2][9]. - For the first five months of 2025, the cumulative gross gaming revenue was 97.71 billion MOP, with a year-on-year growth of 1.7% [2][9]. Industry Evolution - The gaming industry is moving towards a more diversified revenue structure, reducing dependence on "VIP" gaming, as evidenced by the significant drop in its revenue share [5][10]. - The Macau government is promoting a diversified tourism strategy, aiming to reduce reliance on single-source revenue streams [5][10]. Company Performance - 汇彩控股 reported a revenue of 1.085 billion HKD in 2024, a 71.0% increase year-on-year, with net profit soaring by 535.6% to 361 million HKD [9][10]. - The company has established itself as a key supplier of gaming equipment, particularly in the live gaming segment, benefiting from the growing demand for "live mixed games" [9][10].

Visitor and Gaming Revenue Growth - In 2024, the total number of visitors to Macau reached approximately 34.9 million, an increase of 23.8% compared to 28.2 million in 2023[14]. - Macau's total gaming revenue increased to MOP 226.8 billion in 2024, up 23.9% from MOP 183.1 billion in 2023[14]. - The contribution of the live mixed gaming machine system to Macau's gaming revenue totaled MOP 4.3 billion in 2024, a 48.3% increase from MOP 2.9 billion in 2023[14]. - The share of live mixed gaming machine system revenue in total gaming revenue rose from 1.6% in 2023 to 1.9% in 2024[14]. - The increase in visitor numbers to Macau has significantly boosted customer traffic at the Golden Diamond Casino, enhancing demand for the company's electronic gaming products[22]. Company Financial Performance - The reported total revenue for the year ending December 31, 2024, was HKD 1,084,900,000, an increase of 71.0% compared to HKD 634,300,000 for the year ending December 31, 2023[23]. - Adjusted EBITDA for the year ending December 31, 2024, was HKD 453,000,000, reflecting a significant increase of 239.1% from HKD 133,600,000 in the previous year[23]. - The company recorded a profit of HKD 381,900,000 for the year ending December 31, 2024, a remarkable increase of 527.1% compared to HKD 60,900,000 in the previous year[23]. - The group's profit for the year was HKD 381.9 million, up from HKD 60.9 million in the previous year[27]. - The adjusted EBITDA from the Macau-managed casino segment was HKD 310.4 million, a 90.7% increase from HKD 162.8 million in the previous year, driven by increased customer numbers and gaming revenue[31]. Revenue Sources and Growth - Revenue from the management services of the gaming venue, specifically the Golden Diamond Casino, increased by 27.2% from HKD 564,800,000 in 2023 to HKD 718,300,000 in 2024[23]. - Revenue from the sale/rental of electronic gaming equipment and systems surged by 539.8%, rising from HKD 57,100,000 in 2023 to HKD 365,300,000 in 2024[17]. - Revenue from the sale/rental of electronic gaming equipment and systems in Macau was HKD 363 million for the year ended December 31, 2024, a significant increase of 539.1% from HKD 56.8 million in 2023[38]. - The group sold 1,461 gaming machines in Macau during the year ended December 31, 2024, compared to 260 machines in 2023, contributing HKD 316.4 million to revenue[38]. Strategic Focus and Market Expansion - The strategic shift towards the mass market segment has positively impacted the company's performance in the competitive landscape of Macau[14]. - The company is expanding into rapidly growing Asian gaming markets, including the Philippines, Vietnam, Cambodia, and Sri Lanka, as well as the North American market[19]. - The strategic focus for 2025 and beyond includes innovation, market expansion, and enhancing operational efficiency to adapt to the evolving demands of the gaming industry[19]. - The group plans to expand its electronic gaming equipment supply business to other Asian markets, particularly the Philippines and North America[40]. Technological Advancements and Innovation - The company continues to invest in the development of electronic gaming equipment and systems to enhance operational efficiency and customer experience[10]. - The group launched a new version of its live mixed gaming machine system, enhancing operational efficiency and cost-effectiveness for casino operators[47]. - The group introduced innovative entertainment products, including the new "Speedwave" gaming machine and groundbreaking electronic table games like "Mori Dice" during the "Echo Insight" event on November 26, 2024[47]. - The company is focused on leveraging technology and innovation in its operations, particularly in software and project development[75]. Corporate Governance and Management - The board believes that corporate governance is key to the company's success and has adopted various measures to ensure high levels of governance[140]. - The company has a strong management team with extensive experience in various sectors, including technology, finance, and gaming[70][74][75]. - The board has established three committees: audit, remuneration, and nomination, to assist the board in overseeing specific matters[175]. - The company has adopted a board diversity policy, ensuring a balanced mix of skills, experience, and diverse perspectives among board members[186]. Shareholder Engagement and Dividends - The board declared an interim dividend of HKD 0.05 per share for the six months ending June 30, 2024, and proposed a final dividend of HKD 0.11 per share for the year ending December 31, 2024, subject to shareholder approval[84]. - The total amount of the proposed final dividend is HKD 115,700,000, based on 1,052,185,315 shares issued as of December 31, 2024[84]. - The company has mechanisms in place to seek independent professional advice to ensure the board can exercise independent judgment[160]. - The company emphasizes shareholder privacy and will not disclose shareholder information without consent unless legally required[158]. Financial Management and Risk - The group maintains a cautious financial management approach, ensuring healthy liquidity to meet operational funding needs[51]. - The group has capital commitments of HKD 7,800,000 for the acquisition of properties, plants, and equipment as of December 31, 2024, compared to HKD 5,500,000 in 2023[59]. - The group faces net foreign exchange risk due to certain borrowings and bank deposits denominated in RMB, which are monitored closely[60]. - The group has not utilized any financial instruments for hedging purposes as of December 31, 2024[56]. Employee and Social Responsibility - The total employee costs, including director remuneration, amounted to HKD 238,600,000 for the year ended December 31, 2024, an increase from HKD 228,700,000 in 2023[65]. - The company is actively involved in social welfare activities, with executives participating in charitable organizations focused on caring for the elderly, women, and children[68]. - The gender ratio of employees, including senior management, as of December 31, 2024, is 55:45, with a goal to maintain this ratio without any single gender exceeding 70%[189]. - The company has a commitment to quality care and holistic development in its community service initiatives[68].