MGM China Holdings Ltd
02282: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.^ | LOCK|#&!! | LOCK|>P^dg> |
MGM China Earnings: A Strong Quarter with Record Adjusted EBITDA, Fair Value Estimate Raised by 4%
MGM China's share price surged by 7% following its strong second-quarter results, marked by a 12% quarter on-quarter increase in gross gaming revenue, or GGR, and a 6% sequential rise in adjusted EBITDA to a record HKD 2.5 billion.
