Australian Bo Holdings is up 12.03% Credit Suisse first rating wins the big city

SJM (00880-HK) is now up 12.03%, at HK $2.98, for a deal of HK $63.744 million, which is now winning the big city, with the index rising 3.44%. Credit Suisse, for the first time, tracked the unit, winning the market rating at a target price of HK $4.60. The bank said that the Australian Bo holding a comeback, the second half of this year will open a new two entertainment venues, the move helps to consolidate SJM's market leading position, improve overall profitability. In addition, the company is also streamlining products, close some of the unprofitable entertainment often the bank said that the strong balance sheet is another core advantage of SJM, SJM is currently Macao's 6 card holders of the only operator, the financial strength of the acquisition and distribution of dividends. added that any takeover at Cotai at a reasonable price would result in a new rating of the unit, as the acquisition would expand the market position of SJM's new gaming centre in Macau.