Core Viewpoint - The report from Industrial Securities maintains a "Buy" rating for MGM China (02282), highlighting the company's strong market share and performance despite a decline in revenue and EBITDA in Q3 2025 due to high base effects and typhoon impacts, with a positive outlook for Q4 2025 [1][2] Group 1: Financial Performance - In Q3 2025, the company achieved a revenue of HKD 8.51 billion, representing a year-on-year growth of 17.4% but a quarter-on-quarter decline of 1.8% [2] - The adjusted EBITDA for Q3 2025 was HKD 2.37 billion, showing a year-on-year increase of 19.6% but a quarter-on-quarter decrease of 5.5% [2] - The adjusted EBITDA margin for Q3 2025 was 27.9%, reflecting a year-on-year increase of 0.5 percentage points but a quarter-on-quarter decline of 1.1 percentage points [2] Group 2: Segment Performance - Revenue from MGM Macau and MGM Cotai in Q3 2025 was HKD 3.39 billion and HKD 5.12 billion, respectively, with year-on-year growth of 11.6% and 21.5% [2] - Adjusted EBITDA for MGM Macau and MGM Cotai was HKD 0.91 billion and HKD 1.46 billion, with year-on-year growth of 14.1% and 23.3% [2] Group 3: Future Projections - The company is expected to generate revenues of HKD 34.2 billion, HKD 35.2 billion, and HKD 36.2 billion for the years 2025, 2026, and 2027, respectively, with year-on-year growth rates of 9.0%, 2.9%, and 2.9% [1] - The adjusted EBITDA projections for 2025, 2026, and 2027 are HKD 9.5 billion, HKD 9.7 billion, and HKD 10.0 billion, with year-on-year growth rates of 5.0%, 2.4%, and 2.9% [1]

美高梅中国回购明细 证券时报·数据宝统计，美高梅中国在港交所公告显示，11月7日以每股15.750港元至15.920港元的价格 回购40.00万股，回购金额达632.76万港元。该股当日收盘价15.800港元，下跌0.82%，全天成交额 6192.84万港元。 自11月5日以来公司已连续3日进行回购，合计回购86.64万股，累计回购金额1372.50万港元。 其间该股 累计上涨2.73%。 今年以来该股累计进行32次回购，合计回购2808.30万股，累计回购金额4.38亿港元。（数据宝） | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.11.07 | 40.00 | 15.920 | 15.750 | 632.76 | | 2025.11.06 | 40.00 | 15.990 | 15.860 | 637.01 | | 2025.11.05 | 6.64 | 15.500 | 15.420 | 102.73 | | 2025.09.26 | 100.00 | 16.120 ...

Core Viewpoint - MGM China Holdings Limited (02282.HK) announced a share buyback of 400,000 shares at a cost of HKD 6.328 million on November 7 [1] Group 1 - The company executed a buyback program, indicating a commitment to returning value to shareholders [1] - The total expenditure for the buyback was HKD 6.328 million [1] - The number of shares repurchased was 400,000 [1]

Core Viewpoint - MGM China (02282) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Category Company Actions - The company plans to repurchase 400,000 shares at a total cost of HKD 6.3276 million [1] - The buyback price is set between HKD 15.75 and HKD 15.92 per share [1] Financial Implications - The total expenditure for the buyback reflects the company's strategy to enhance shareholder value [1]

智通财经APP讯，美高梅中国(02282)发布公告，于2025年11月7日该公司斥资632.76万港元回购40万 股，回购价格为每股15.75-15.92港元。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 美高梅中國控股有限公司(於開曼群島註冊成立的有限公司) 呈交日期： 2025年11月7日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02282 | 說明 | 普通股 | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | ...

Summary of Key Points Core Viewpoint - A total of 30 companies conducted share buybacks on November 6, 2025, with China Feihe (06186) leading in both the number of shares repurchased and the total amount spent on buybacks [1]. Group 1: Buyback Details - China Feihe (06186) repurchased 6.806 million shares for a total of 29.4298 million yuan, representing 0.746% of its total share capital [2]. - Kexin Pharmaceutical-B (02171) repurchased 1.734 million shares for 26.3078 million yuan, accounting for 0.380% of its total share capital [2]. - COSCO Shipping Holdings (01919) repurchased 1.53 million shares for 20.9869 million yuan, which is 0.409% of its total share capital [2]. Group 2: Other Notable Buybacks - Gushengtang (02273) repurchased 493,500 shares for 13.7699 million yuan, representing 3.435% of its total share capital [2]. - China Petroleum & Chemical Corporation (00386) repurchased 2.398 million shares for 10.1066 million yuan, which is 0.100% of its total share capital [2]. - Lianyi Technology-W (09959) repurchased 2.38 million shares for 7.4745 million yuan, accounting for 4.298% of its total share capital [2]. Group 3: Additional Companies - Other companies that conducted buybacks include: - Ruisheng Technology (02018) with 165,000 shares repurchased for 6.5033 million yuan [2]. - MGM China (02282) with 400,000 shares repurchased for 6.3701 million yuan [2]. - Huajian Medical (01931) with 922,000 shares repurchased for 5.9985 million yuan [2]. Group 4: Smaller Buybacks - Companies with smaller buyback amounts include: - Yidian Cloud (02416) with 130,000 shares repurchased for 264,000 yuan [3]. - International Home Retail (01373) with 150,000 shares repurchased for 118,500 yuan [3]. - Mobi Development (00947) with 70,000 shares repurchased for 1.167 million yuan [3].

Core Viewpoint - MGM China has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and confidence in its stock performance [2][3]. Share Buyback Summary - On November 6, MGM China repurchased 400,000 shares at prices ranging from HKD 15.860 to HKD 15.990, totaling HKD 6.3701 million. The stock closed at HKD 15.930, up 0.57% on that day, with a total trading volume of HKD 87.8459 million [2]. - Since November 5, the company has conducted buybacks for two consecutive days, acquiring a total of 466,400 shares for a cumulative amount of HKD 7.3974 million, during which the stock price increased by 3.58% [2]. - Year-to-date, MGM China has executed 31 buybacks, acquiring a total of 27.683 million shares for a total expenditure of HKD 432 million [3]. Detailed Buyback Data - The buyback details include various dates, share quantities, highest and lowest prices, and total amounts spent. For instance, on September 26, 2025, 1 million shares were repurchased at a maximum price of HKD 16.120, costing HKD 15.9649 million [3][4]. - The buyback activity reflects a consistent approach to managing share capital, with multiple transactions occurring throughout the year, demonstrating the company's commitment to returning value to shareholders [3][4].

Core Viewpoint - MGM China Holdings Limited announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Category Company Actions - The company plans to repurchase 400,000 shares at a total cost of HKD 6.3701 million [1] - The buyback price is set between HKD 15.86 and HKD 15.99 per share [1] Financial Implications - The total expenditure for the buyback represents a strategic investment in the company's own equity, potentially enhancing shareholder value [1]

智通财经APP讯，美高梅中国(02282)发布公告，于2025年11月6日该公司斥资637.01万港元回购40万 股，回购价格为每股15.86-15.99港元。 ...