[ET Net News Agency, 14 February 2024] HSBC Global Research raised the target price for
Wynn Macau (01128) to HKD9 from HKD8.9 and maintained the "buy" rating.
The research house said dividends remain Wynn Macau's core capital return strategy, but
the company needs to evaluate its leverage profile, balance sheet situation, and capex
spending schedule, which is contingent on government approval, before deciding to resume
its dividend. (RC)