Genting Singapore - OCBC Investment 2023-01-30: Benefiting From The Return Of Chinese Tourists

• Strong rebound in visitor arrivals.
• China’s reopening could provide further boost to earnings for Genting Singapore.
• But optimism may have largely priced in.

Visitor arrivals to Singapore recovered to 33% of pre-COVID levels in 2022

• - Read this at SGinvestors.io -
• While visitation from China remained subdued at 2% in 4Q22 and full-year 2022, we see the earlier-than-expected reopening in China as a positive to Genting Singapore (SGX:G13) which could see a faster-than-expected recovery in 2023.

MBS reported record mass gaming and retail revenue in 4Q22

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Fair value estimate of S$1.06

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-08-11 Genting Singapore - Not There Yet.

Previous report by OCBC:
2025-02-25 Genting Singapore - More To Come In 2H25.

Price targets by other brokers at Genting Singapore Target Prices.

Listing of research reports at Genting Singapore Analyst Reports.

Relevant links:
Genting Singapore Share Price History,
Genting Singapore Announcements,
Genting Singapore Dividend Payout Dates & Corporate Actions,
Genting Singapore News