Wynn Macau Ltd (1128.HK CFD)

Trading Conditions:

Axi Symbol: WynnMacau-

Description: Wynn Macau Ltd

Margin: 5%

CFD Currency: Hong Kong Dollar

Contract Size Currency per 1 Lot: 1 Share

Pip Value per 1 Lot: HKD 0.01 per 1.00 pip

Standard Account Spread: 0.08

Pro Account Spread: 0.08

Min/Max Trade Size (Lots): 1 Share / 25000

Trade Step Size (Lots): 1 Share

Market Open: 01:30 Monday UTC Time

Market Close: 08:00 Friday UTC Time

Trading Break: 04:00 - 05:00 UTC Time

3 Day Financing: Friday

Long Position Overnight Fee: displayed on the trading platform

Short Position Overnight Fee: displayed on the trading platform

Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.

What is Wynn Macau?

Wynn Macau Limited is a prominent player in the global gaming and hospitality industry, primarily focused on the lucrative Macau market. Established as a subsidiary of Wynn Resorts, the company operates two integrated resort properties in Macau, a Special Administrative Region of China. These resorts, Wynn Macau, and Wynn Palace are known for their opulent design, gaming facilities, and amenities.

Wynn Macau stock trades on the Hong Kong Stock Exchange with the ticker symbol “1128.HK”.

What affects the 1128.HK stock price?

The stock price of Wynn Macau is influenced by a wide variety of factors. Here are some key factors that can affect the stock price of Wynn Macau:

  • Macau gaming industry trends: As a major player in Macau's gaming industry, Wynn Macau's stock price is extremely sensitive to trends in the region's casino and tourism sectors. Factors such as changes in Macau's gaming revenue, visitor arrivals, and government policies related to the gaming industry can have a significant impact on the company's stock price.
  • Earnings and financial performance: The company's quarterly and annual financial results, including revenue, earnings, and profit margins, play a crucial role in determining its stock price. Positive earnings reports and strong financial performance can boost investor confidence and drive the stock price higher.
  • Macroeconomic factors: Economic conditions in China and the broader Asia-Pacific region can influence Wynn Macau's stock price. Economic growth, consumer spending, and currency exchange rates can all affect the company's revenue and profitability.
  • Regulatory environment: Macau's government regulations and policies regarding gaming licenses, taxation, and labour practices can impact the company's operations and financial outlook. Changes in these regulations can either benefit or hinder Wynn Macau's business and stock price.
  • Competitive landscape: Competition within the gaming and hospitality industry in Macau can affect Wynn Macau's market share and profitability. New entrants, innovations, and marketing strategies of competitors can impact the company's stock performance.
  • Global economic conditions: Global economic events and trends, such as financial crises, trade tensions, and geopolitical events, can have ripple effects on Wynn Macau's stock price. Investors may react to these events by adjusting their holdings in the company.
  • Market sentiment: Investor sentiment, including perceptions of the company's management, brand reputation, and growth prospects, can influence its stock price. News, rumours, and analyst reports can sway sentiment and trigger buying or selling activity.
  • Natural disasters and health crises: Events like natural disasters (e.g., typhoons in Macau) or health crises (e.g., the COVID-19 pandemic) can disrupt operations and tourism, affecting Wynn Macau's financial performance and stock price.

What to watch out for when trading 1128.HK stock?

When considering trading Wynn Macau stock, it is important to keep an eye on announcements that can significantly impact its stock price. Here are some important things to consider:

  • Wynn Macau's corporate earnings results (released quarterly)
  • Wynn Macau's annual report releases
  • Wynn Macau's corporate announcements
  • News and media stories featuring Wynn Macau
The data is sourced from third-party providers. This information is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any trading strategy. It has been prepared without taking your objectives, financial situation, or needs into account. Any references to past performance and forecasts are not reliable indicators of future results. Axi makes no representation and assumes no liability regarding the accuracy and completeness of the content in this publication. Readers should seek their own advice.

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