Read the list of Hong Kong stocks in April | The list of Hong Kong stocks for April has been released! Shangtang rose by nearly 70%, and TCL Electronics recorded 13 consecutive rises
A number of auto stocks showed strong performance. Brilliance China and Great Wall Motor recorded increases of 64.1% and 33.33% respectively during the month. It is worth noting that the former's stock price has doubled and surged since this year.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, domestic housing stocks and insurance stocks rose, Sunac China rose nearly 24%, and AIA Insurance rose nearly 8%
Technet stocks had mixed ups and downs. NetEase rose nearly 3%, Meituan fell nearly 3%; auto stocks rose one after another, with Zero Running up more than 9%, and Xiaopeng Motors rising nearly 5%.
Intraday Overview | The Hang Seng Index entered a technical bull market, and the Tech Index rose more than 1.7%
Technology stocks strengthened; Shangtang and BYD Electronics rose more than 6%, and NIO rose more than 5%; Youbi Choice rose more than 15%, and the company took the lead in developing the “Tiangong” robot platform.
Changes in Hong Kong stocks | Macau International Development (00200) rose more than 10% to lead gaming stocks, and the National Immigration Administration introduced six policies and measures to facilitate entry/exit management for private enterprises
Gaming stocks generally rose in early trading. As of press release, Macau International Development (00200) rose 9.39% to HK$5.94; Sands China (01928) rose 4.38% to HK$19.54; Aobo Holdings (00880) rose 3.5% to HK$2.96; and Galaxy Entertainment (00027) rose 3.09% to HK$36.7.
Changes in Hong Kong stocks 丨 Hao Gaming stocks strengthened collectively, Sands China rose more than 5%, and the Mainland announced a policy to optimize business endorsements
Glonghui, April 29 | Hong Kong stock gambling stocks strengthened collectively. Among them, Macau International rose more than 8%, Aobo Holdings and Sands China rose more than 5%, Galaxy Entertainment and MGM China rose nearly 4%, and Wynn Macau rose nearly 2%. According to the news, the State Administration of Immigration has decided to introduce six policies and measures to facilitate the entry and exit management of private enterprises starting May 6. 1. In 20 cities including Beijing, we have piloted a “full online process” for issuing and issuing additional entry documents. 2. Implement “smart quick processing” and “nationwide processing” for business endorsements to Hong Kong and Macau. 3. The six categories of talents from Beijing and Shanghai can apply for talent endorsements to Hong Kong and Macau. 4. Extend the number of people with business endorsements to Hong Kong and Macau
Sands China Limited (1928.HK): Core property recovery is still improving month-on-month, short-term overall pressure is not changing long-term incremental potential
The company's 24Q1 revenue and performance maintained a steady year-on-year increase. Net earnings and adjusted EBITDA recovery were under pressure compared to 23Q4 in the same period in 2019, but the recovery of core properties such as The Venetian increased month-on-month and remained steady. The overall pressure on 24Q1 may be related to the renovation and renovation of some properties. Peak seasons such as the Spring Festival in the first quarter were also affected by passenger flow. The overall recovery of the retail business improved month-on-month and continued to improve. During the year, it is expected that the company will still benefit from a steady upward trend in the overall recovery of the industry, and the active development of the company's non-gaming business. Combined with the past two years of property renovation and ongoing renovation, the company is expected to unleash growth potential.
Express News | Damo: Lowering Sands China's target price to HK$21, dividends are expected to resume in FY2025 and FY26
Hong Kong bullish stocks this week | 80% increase in the month! TCL Electronics surged more than 16% this week; CRRC surged nearly 11% the day after
Benefiting from the acceleration of nuclear power approval, CGN's stock price has been rising for five consecutive days; coal supply and demand continued to be tight, and Mongolian coking coal increased by more than 11% during the week.
Sands China Limited (1928.HK) 2024 Quarterly Report Performance Review: Performance fell short of expectations due to property refurbishment
Investment Highlights 1Q24 Sands China achieved total revenue of US$17.1 billion, recovering to 73.2% in the same period in '19. Among them, VIPs/midfielders (including slots) each achieved revenue of US$1.3/1.58 billion, and recovered separately
A quick look at the Hong Kong market | Tech Index fell more than 2%, Tech Net stocks generally declined, and Xiaomi and Kuaishou fell more than 3%
Auto stocks declined, with Ideal Auto and Xiaopeng Motors falling more than 7%; petroleum stocks reversed the market and CNPC rose more than 2%.
Express News | Goldman Sachs: Maintaining Sands China's “Buy” Rating and Lowering Target Price to HK$26.3
Macquarie: Target price for “outperforming the market” rating for Sands China (01928.HK) dropped to HK$29.8
According to Macquarie's research report, the net profit forecast for the 2024-2026 fiscal year was lowered by 18%, 11%, and 5%, respectively, to reflect lower expectations for gaming revenue, according to the “outperforming market” rating given to Sands China (01928.HK). The adjusted EBITDA forecast for this year was reduced by 9%, and the target price was lowered by 13% to HK$29.8.
Research Nuggets|Huatai Securities: Earnings from Sands China's “buy” ratings in the first quarter fell short of the recovery of the industry
Glonghui, April 19 | Huatai Securities announced that Sands China's revenue recovery in the first quarter of this year fell short of the industry. The bank reduced the company's gross gaming profit from 2024 to 2026 to HK$54.7 billion, HK$63.4 billion and HK$74.6 billion, respectively, equivalent to 82%, 95% and 111% in 2019; adjusted earnings before interest, tax, depreciation and amortization (EBITDA) were HK$20.6 billion, HK$24.1 billion and HK$29.3 billion; EBITDA margins were 34%, 34.8% and 36.6%. The bank's target price for the company is HK$28.5, which allows for a “buy”
CITIC Lyon: To Sands China (01928) “Buy” Ratings Adjusted First Quarter Property EBITDA Low Expectations
The impact on profit and loss of the Macau Londoner Phase II and the Cotai Arena decoration seems to have been higher than anticipated.
Sands China Limited (01928.HK): Transportation infrastructure restoration and non-gaming activities are expected to drive continued growth in ordinary midfielders
1Q24 results fell short of expectations. Sands China announced 1Q24 results through parent company Sands Group on April 18: net revenue of US$1,811 billion recovered to 78% of 1Q19 (up 42% year on year,
Changes in Hong Kong stocks | Sands China (01928) fell more than 4%, and first-quarter revenue and profit margins fell short of expectations, HSBC lowered its market share forecast
Sands China (01928) fell by more than 4%, with a cumulative decline of 18% during the month. As of press release, it decreased by 4.66% to HK$18, with a turnover of HK$108 million.
Hong Kong Stock Announcement Nuggets | Sands China Limited's total net revenue for the first quarter increased 42% year over year to US$1.8 billion
[Financial Report Data] Huadian International Power Co., Ltd. (01071)'s cumulative completed power generation capacity of 56.16 million megawatt-hours in the first quarter fell by about 0.19% year-on-year, and the overall retail value of Lukufu Group (00590) in the fourth quarter of fiscal year 2024 increased by more than 50%, surpassed the same quarter level of FY2019 by more than 50%. Yankuang Energy (01171) commercial coal production in the first quarter increased 15.42% year-on-year to US$1.8 billion [Important matter] Jianyi Group (00638) received a year-on-year increase of 42% year-on-year Resplenden
Sands China's Ebitda May Improve After Renovations -- Market Talk
Sands China's Ebitda looks set to improve when the Londoner Macao reopens following renovation works, Citi Research analysts George Choi and Ryan Cheung say in a note.
Major Bank Ratings | Jefferies: Target Price of HK$37 for “Buy” Ratings for Sands China
GLONGHUI, April 18 | Jeffrey said that Sands China's adjusted EBITDA for the first quarter fell 7% quarterly, lower than the bank's and market expectations. The lower profit was mainly due to renovation by the Londoners in Macau, the closure of the Londoner's Coliseum, and lower profits at the Macau Paragon and Sands Hotel Macau. As the renovation work continues this year, it is expected that it will continue to affect profits. The Londoner Coliseum is expected to reopen in November, and the second phase of the Londoner renovation project is expected to be completed during the 2025 Lunar New Year. Profit margins are expected to continue to be pressured due to lower entertainment activities and hotel stays. The bank gave Sands China a “buy” rating, with a target price of HK$37.
Las Vegas Sands Corp (LVS) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and ...
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