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<Research>G Sachs Slightly Lowers 2025 GGR Forecast to 8% YoY Growth, Continues to Favor SANDS CHINA LTD/ GALAXY ENT
Recommend 13 Positive 32 Negative 9 |
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GGR for the first 12 days of October decreased by 5% YoY, which is lower than expected, up 3% YoY from that of first 5 days of October, Goldman Sachs issued a research report saying. Considering factors such as typhoons and travel to overseas countries, the broker believed that it is premature to say that the positive trend has reversed recently. Goldman Sachs also believed that the YoY comparison basis for November-December till February 2026 remains quite favorable. The broker slightly lowered its 2025 GGR forecast to an 8% YoY growth, and still preferred SANDS CHINA LTD (01928.HK) and GALAXY ENT (00027.HK), with both rated at Buy. Moreover, Goldman Sachs expected WYNN MACAU (01128.HK)'s 3Q25 results to beat expectations, potentially providing positive momentum for its stock price in the short term. AASTOCKS Financial News Website: www.aastocks.com |
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