On October 13, GALAXY ENT rose 3.1% in regular trading, trading at 32.58 HKD/share, with Turnover of 186 million HKD. The movement follows recent disclosure that Chairman Lui Che Woo increased his stake in the company, a move interpreted by major brokers as a signal of management confidence.
According to exchange filings, Lui acquired 4.613 million shares at an average price of 28.25 HKD on October 2, involving approximately 130 million HKD. This raised his holding ratio from 54.14% to 54.24%. UBS maintained a Buy rating with a target price of 44.4 HKD, noting the increase reflects management's confidence in Macau's outlook and attractive valuation. The bank also highlighted an expected dividend yield of 6.2% for 2026.
Lyon also viewed the purchase positively as an improvement in governance and kept an Outperform rating, citing solid market share, cost discipline, a strong balance sheet, and rising payout ratios. Galaxy Entertainment Group is engaged in casino and entertainment operations in Macau, as well as construction materials and treasury management.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)