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<Research>CICC Rates SANDS CHINA LTD as Outperform; 3Q Results in Line
Recommend 7 Positive 18 Negative 4 |
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SANDS CHINA LTD (01928.HK) has announced its 3Q25 results, with net revenue/ adjusted property EBITDA growing by 8%/ 3% YoY to USD1.906 billion/ USD601 million, basically in line with market expectations, according to a CICC research. CICC attributed SANDS CHINA LTD's performance to the incentive policy, which boosted its gaming revenue market share from 22.6% in 2Q25 to 23.7% in 3Q25. SANDS CHINA LTD's rating was kept as Outperform, with a target price of HKD23.8. AAStocks Financial News |
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