Sands China Ltd. Stock Performance and Recent Corporate Update
Trading Performance (Thu 22 Feb 2024, 03:27 PM CET)
Shares traded up 0.44 % over the preceding 24 hours.
Current price: HKD 10.86 on major Hong Kong exchanges.
Shares outstanding: 8.1 billion.
Market capitalization: HKD 91.6 billion.
24‑hour volume: HKD 115.2 million.
Since the end of the previous month: down 6.5 %.
200‑day simple moving average: HKD 15.01.
52‑week high: HKD 22 (recorded 12 Feb 2025).
52‑week low: HKD 1.64 (recorded 25 May 2026).
Third‑Quarter Financial Results
Adjusted property EBITDA fell 12 % YoY to approximately USD 529 million.
Gross gaming revenue declined about 4 %.
Strong VIP segment offset weaker mass‑market demand.
Capital‑expenditure outlook for 2026‑28 increased by 12 % to support property renewal projects.
Analyst Outlook
HSBC Research maintains an Outperform rating.
Forecasts a 5 % rise in third‑quarter EBITDA and a 22 % increase in quarterly earnings YoY.
Sector Commentary
Persistent weakness in Macau gaming demand noted.
Tighter capital controls are expected to limit near‑term sector growth.
Related Stock Performance (24 hours)
| Symbol | Current Price | % Change | Market Capitalisation | P/E Ratio |
|---|---|---|---|---|
| 1408.HK (Macau E&m) | HKD 0.36 | –2.53 % | HKD 197.5 million | 157.44 |
| DSWL (Deswell Industries) | USD 3.03 | +1 % | USD 48.2 million | 4.55 |
| 8668.HK (Ying Hai L) | HKD 0.11 | –1.64 % | HKD 146.4 million | – |
| 1615.HK (Builders) | HKD 0.38 | –7.14 % | HKD 294 million | 139.42 |
| 1128.HK (Wynn Macau) | HKD 4.75 | –0.2 % | HKD 26.1 billion | 9.32 |
- Company Profile Sands China Ltd. is an integrated resort developer listed on the Hong Kong Stock Exchange. It operates hotels, restaurants, leisure facilities, and convention/exhibition halls in Macau. The company’s website is www.sandschina.com .
