大行评级丨里昂：内地工业利润增长应能推动澳门博彩收入增长

Core Viewpoint - The report from Credit Lyonnais indicates that the growth in mainland industrial profits is expected to continue driving the growth of Macau's gaming revenue, with stock investors still favoring high-quality companies [1] Group 1: Industry Insights - Recent stock price corrections have led the sector to trade at 9.4 times the 2026 enterprise value to EBITDA (EV/EBITDA), which is lower than the 11 to 12 times level set as the new normal for Macau [1] Group 2: Company Preferences - Credit Lyonnais maintains its existing forecasts and ratings, identifying Galaxy Entertainment and MGM China as its preferred stocks in the sector [1]