Jin Rong Jie·2025-08-20 07:52Core Viewpoint - Wynn Macau's stock has increased nearly 5%, currently trading at 6.66 HKD, with a trading volume of 175 million HKD, following the announcement of a board meeting to discuss mid-term results [1] Group 1: Company Performance - Wynn Macau plans to hold a board meeting on August 20 to consider and approve the mid-term results for the six months ending June 30, 2025 [1] - Morgan Stanley has raised its target price for Wynn Macau from 7.1 HKD to 7.8 HKD, citing a reduction in estimated non-gaming capital expenditures for 2026 [1] - The expected annual non-gaming capital expenditure is now projected to be 1.8 billion HKD [1] Group 2: Market Outlook - Morgan Stanley upgraded Wynn Macau's rating to "Overweight" due to anticipated market share growth in the third quarter driven by high-end mass gaming [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]