[ET Net News Agency, 19 April 2024] HSBC Global Research lowered the target price for
Sands China (01928) to HKD30.5 from HKD33 and maintained the "buy" rating.
The research house said given the level of renovation disruption at the
Londoner/Sheraton Tower and Cotai Arena, which is likely to lower non-gaming activities,
it trims market share assumptions and cuts 2024-25 revenue estimates by 3%. (rc)