《大行報告》瑞信削濠賭股目標價 降新濠國際發展(00200.HK)評級至「中性」
瑞信發表報告指,內地致力遏止跨境博彩,預期即使未來疫情影響消退,對經常賭客(尤其是廣東以外)的限制仍將繼續存在。該行的基本情境現時估計,澳門博彩業中場賭收將於2024年恢復至疫情前水平的80%,低於早前估計的98%。
該行下調澳門賭收預測及濠賭股目標價10%至59%,反映需求疲弱,預期「二十大」過後明年首季才會有一定的措施放寬,博彩稅亦可能上調1%。由於消閒賭客的營銷費用較高,最初的中場毛利可能較低。
行業中,瑞信選股順序為金沙中國(01928.HK)、銀河娛樂(00027.HK)及新濠國際發展(00200.HK)。其中,金沙目標價由27元降至18.3元,評級維持「跑贏大市」;銀娛目標價由54.5元降至49元,評級同時維持「跑贏大市」;新濠國際評級由「跑贏大市」下調至「中性」,目標價由7.6元降至4.7元。
至於澳博(00880.HK)目標價由4元降至3.5元;美高梅中國(02282.HK)目標價由5.1元下調至3.7元;永利澳門(01128.HK)目標價由6元降至4.7元,三企評級均維持「中性」。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.