UBS: Maintains "Buy" rating on Galaxy Entertainment (00027.HK) with a target price of HK$44.4; chairman's stake increase reflects confidence in Macau's outlook.

Zhitong Finance APP has learned that UBS issued a research report maintaining a "Buy" rating on Galaxy Entertainment (00027.HK) with a target price of HK$44.4. Company Chairman Lui Yiu Tung increased his shareholding at an average price of HK$28.25 per share, involving HK$130 million, raising Lui Yiu Tung's shareholding by 0.1 percentage point to 54.24%. UBS views this chairman's shareholding increase as a positive signal, believing it reflects management's confidence in Macau's outlook and the company's attractive valuation. Currently, Galaxy Entertainment's expected dividend yield for 2026 reaches 6.2%.