Furui: Melco International Development Limited (02282.HK) is rated as "Buy" with a target price of 16.4 Hong Kong dollars.

According to the AI Finance APP, the research report released by Fuli said that MGM China (02282.HK) had an adjusted EBITDA of 2.46 billion Hong Kong dollars in the first quarter, a 4% year-on-year increase, but a 9% quarterly decrease. Revenue was 8.8 billion Hong Kong dollars, a 10% year-on-year increase, but a 9% quarterly decrease. Market share was 15.7%, remaining flat year-on-year, but down 0.9 percentage points from the fourth quarter of last year. However, it improved to 17.3% in March and remained stable in April. Fuli gave MGM China a "buy" rating with a target price of 16.4 Hong Kong dollars.