News

Onshore RMB closed at 6.8997 against the US dollar at 16:30 (UTC+8) on March 3, down 142 points from the previous trading day.

格隆汇 March 3｜Jefferies released a report stating that, according to data from the Macau Gaming Inspection and Coordination Bureau, the total gaming revenue in February reached 20.6 billion Macau Patacas, representing a 4% year-on-year increase and a 1% month-on-month increase. Although the figures were lower than the market and the bank's preliminary estimates of 10.5% and 8%, respectively, they were better than the weekly channel survey trends conducted by the bank, which showed a year-on-year decline in the first three weeks of February. The bank maintains its preference for premium operators, including Galaxy Entertainment and Wynn Resorts. The bank maintains a "buy" rating on Galaxy Entertainment, believing its Q4 performance last year was generally in line with expectations, and during the Lunar New Year period, the company continued to record strong visitor numbers and commercial activity. As the Phase IV project progresses, capital expenditure is expected to increase in 2026.

Jinse Finance reported that, according to market sources, the UK-listed company The Smarter Web Company has once again increased its holdings by 3 bitcoins, bringing its total holdings to 2,692 BTC. ?Bitcoin Top 100 Corporate Holdings Ranking: 29th Place ?