Hong Kong stock abnormal | Sands China (01928) fell nearly 3% intraday, institutions pointed out that the peak of the negative impact of the renovation project by Londoners is approaching.

Sands China (01928) fell nearly 3% during the day, as of the time of publication, it dropped by 2.88%, at 20.2 Hong Kong dollars, with a turnover of 0.123 billion Hong Kong dollars.

Zhitong FinanceNov 10 21:58 ET

[Brokerage Focus] Soochow Securities (Hong Kong) maintains a "buy" rating on Sands China (01928), indicating that the peak of the negative impact of the London renovation project is approaching.

King's Financial News | Soochow Securities (Hong Kong) issued research reports, stating that Sands China (01928) achieved a total gambling revenue of 1.68 billion US dollars in 3Q24, recovering to 82.6% of the same period in 19. Among them, VIP/mass market (including slot machines) achieved gambling revenue of 0.18/1.5 billion US dollars, respectively recovering to 40.4%/94.2% of the same period in 19 (referring to the data from the gaming bureau, the industry VIP/mass market (including slot machines) recovered to 42.1%/107.1% of the same period in 19.) The bank stated that the company's net income in 3Q24 reached 1.77 billion US dollars, slightly exceeding the market expectation of 17.

Golden Guardian Financial NewsNov 10 21:30 ET

Daiwa: Galaxy Ent rated 'in line with the market' with a target price of 39.5 Hong Kong dollars.

DBS released a research report stating that it maintains a 'market-perform' rating on galaxy ent (00027), with a target price of 39.5 Hong Kong dollars, currently more bullish on Sands China (01928) among the casino stocks. The company's performance in the third quarter basically met expectations. The report mentioned that the company's adjusted EBITDA in the third quarter fell by 7% to 2.94 billion yuan, reaching 71% of the same period in 2019, 2% higher than DBS and market expectations. Excluding the mid-market share of CityClubs, which increased by 50 basis points quarterly, mid-market gambling revenue also increased by 1% year-on-year. However, DBS pointed out that in the third quarter, overall costs for silver ent

Sina Hong Kong stocksNov 7 22:11 ET

Macau casino stocks rose, with Wynn Macau (01128) up 2.52%. Total consumer spending by tourists in the first three quarters increased by 8% annually. However, Goldman Sachs believes that Macau's gambling revenue growth will slow down in the future.

Kin Wu Financial News | Macau casino stocks collectively rise, Wynn Macau (01128) up by 2.52%, Paradise Ent (01180) up by 2.2%, Melco Int'l Dev (00200) up by 1.76%, Sands China (01928) up by 1.66%, MGM China (02282) up by 1.37%. According to statistics from the Macau Special Administrative Region government's Statistics and Census Service, total consumer spending by tourists in the first three quarters of 2024 increased by 8% year-on-year to 56.21 billion Macau patacas, mainly driven by a significant 30.1% growth in tourist arrivals in the first three quarters compared to the same period last year. Among these, total consumer spending by overnight tourists and non-overnight tourists

Golden Guard Financial NewsNov 7 20:44 ET

[Special Guest V] Deng Shengxing: Market is quietly awaiting the results of the USA election and interest rate decision. Hong Kong stocks are sluggish.

King's Wealth News | Hang Seng Index closed at 20506 on Monday (4th), up by 189 points or 0.9%. The total market turnover was 141.4 billion yuan for the whole day. China Index rose by 78 points or 1.1%, closing at 7342; Technology Index fell by 15 points or 0.3%, closing at 4483. According to the statistics of China Index Research Institute, sales of the top 100 mainland real estate developers in October increased by 10.6% year-on-year, with mainland real estate stocks being sought after. Longfor Properties (00960) rose by 3.3% today, with a weekly increase of 7.2%, showing the best performance among blue-chip stocks this week; Macau's gambling revenue in October exceeded expectations, surpassing 20.7 billion yuan, the highest monthly figure since January 2020. Casino stocks in Macau are doing well. Sands China.

Golden Guardian Financial NewsNov 4 20:01 ET

Dahua Jixian: First choice in Macau gaming industry to be transformed into Sands China, target price of 28.6 Hong Kong dollars.

Dahua Jianxian released a research report stating to maintain a 'shareholding' stance on the Macau gambling industry, preferring to switch to Sands China (01928), with a target price of 28.6 Hong Kong dollars. They believe the group's gambling revenue recovery will accelerate from the first quarter of next year. The report states that Macau's gambling revenue in October this year was 20.8 billion Macau dollars (same below), up 7% year-on-year, a 20% increase month-on-month, slightly exceeding market expectations, and recovering to 79% of the 2019 level. Due to the record-breaking performance during the Golden Week, this data also reached a post-pandemic high. In addition, the number of visitors to Macau last quarter has also recovered to 93% of the 2019 level, but the percentage of overnight visitors has decreased by the quarter.

Sina Hong Kong stocksNov 4 04:46 ET