Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>HSBC Research Adds SANDS CHINA LTD (01928.HK) TP to $17.3; Rating Hold
Recommend 2 Positive 4 Negative 7 |
||||
|
||||
|
SANDS CHINA LTD (01928.HK) slightly beat expectations for its 2Q25 results, but met market expectations, HSBC Global Research wrote in its report. Sands China's management confirmed that the growth in gaming gross revenue (GGR) for the quarter was mainly nourished by VIP and premium mass demand, and this momentum sustained into the summer. Contrary to industry trends, Sands China's base mass revenue grew by 10% QoQ, outpacing the 5% increase in premium mass, possibly benefiting from accelerated growth in Macau visitors, especially in May. The broker raised its target price on SANDS CHINA LTD from HK$17 to HK$17.3, maintaining a Hold rating. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
