Zhi Tong Cai Jing·2025-08-20 07:49Core Viewpoint - Wynn Macau (01128) shares increased nearly 5%, currently up 4.72% at HKD 6.66, with a trading volume of HKD 175 million [1] Group 1: Company Performance - Wynn Macau announced a board meeting scheduled for August 20 to consider and approve the interim results for the six months ending June 30, 2025 [1] - Morgan Stanley raised the target price for Wynn Macau from HKD 7.1 to HKD 7.8, citing a reduction in estimated non-gaming capital expenditures for 2026 [1] - The expected annual non-gaming capital expenditure is now HKD 1.8 billion [1] Group 2: Market Outlook - The rating for Wynn Macau has been upgraded to "Overweight" due to anticipated market share growth in the third quarter driven by high-end mass gaming operations [1] - The recent decline in the company's stock price has made short-term valuations more attractive, with expectations that the stock will outperform the market in the next 60 days [1]