Core Insights - The collaboration between Alipay and Sands China aims to enhance the cross-border consumer experience for mainland tourists visiting Macau through a new promotional campaign called "Tap for Good Luck, Tap for Joy" [1][3] Group 1: Promotional Activities - The campaign features 50 designated check-in points across Sands China's resorts, where tourists can use Alipay's "tap" feature to receive exclusive discounts and unlock multiple rewards [1][2] - Tourists can also win a VIP package for the NBA China Games, which includes premium tickets, a private dinner with NBA legends, and luxury transportation [1] Group 2: Membership Benefits - Mainland tourists using Alipay's "tap" feature can instantly become "Sands Travel Enjoyment" members and receive a payment voucher worth 180 RMB along with a welcome package valued at over 1,000 RMB [2] - Different membership tiers (Diamond, Platinum, Gold) offer exclusive discounts and benefits, with Diamond members receiving additional dining vouchers worth up to 3,200 MOP [2] Group 3: Culinary Experience - The campaign promotes a variety of dining options at Sands China's resorts, featuring gourmet dishes and special culinary experiences to enhance the festive atmosphere [2] - Notable restaurants include Michelin-starred establishments and unique dining experiences designed to cater to diverse tastes [2] Group 4: Technological Integration - The initiative integrates innovative payment technology with various consumer scenarios within Sands China's resorts, aiming to create a smarter and more convenient payment experience for guests [3][5] - The shift from "scan" to "tap" payment methods is expected to reshape the travel experience for tourists, enhancing the convenience of cross-border spending [5]

Group 1 - The core viewpoint of the article highlights significant stock movements in the Hong Kong and US markets, driven by strategic partnerships, positive financial reports, and market trends [1][2][3][4][5][6][7]. Group 2 - Ocean Group (01991) saw a surge of over 13.3% after announcing a strategic partnership with CONSCIOUSNESS FOUNDATION LTD. to establish a joint venture focused on AI smart hardware, marking a significant step in its AI strategy [1]. - Gaming stocks continued to rise, with Melco International Development (00200) up 5.49% and Sands China (01928) up 3.26%, supported by a 24% year-on-year increase in Macau's gaming revenue for January [1]. - China Energy Storage (02399) increased by over 9.2% following its announcement to acquire 100% of Wuzhong Ruichu Technology for RMB 64 million [2]. - The real estate sector showed recovery, with Sunac China (01918) rising 8.2% as market confidence improved in January [3]. - Gold stocks collectively rose, with China’s gold reserves increasing to 74.19 million ounces, marking a continuous increase for 15 months [4]. - In the US market, Lexin Fintech (LX.US) rose 6.04% amid a broader market rally, with the Dow Jones reaching a historic high of 50,115.67 points [5]. - SpyGlass Pharma (SGP.US) debuted on the US market with a 65% increase, focusing on chronic eye disease treatments [6]. - Bitcoin-related stocks rebounded significantly, with Strategy (MSTR.US) up 26.11% [7].

Group 1 - The gaming stocks experienced a collective rise in the morning session, with notable increases in share prices [1][3] - New World Development (00200) saw a significant increase of 6.15%, reaching HKD 4.83 [1][3] - MGM China (02282) rose by 2.89%, trading at HKD 13.52 [1][3] - Sands China (01928) increased by 2.71%, with a price of HKD 18.58 [1][3] - Galaxy Entertainment (00027) gained 2.20%, priced at HKD 43.60 [1][3]

Group 1 - The gaming stocks continued to rise, with New World Development (00200.HK) increasing by 5.93% to HKD 4.82 [1] - Sands China (01928.HK) saw a rise of 3.54%, reaching HKD 18.73 [1] - Galaxy Entertainment (00027.HK) increased by 2.58%, trading at HKD 43.76 [1] - MGM China (02282.HK) rose by 2.13%, with a price of HKD 13.42 [1]

Group 1 - The core viewpoint of the article highlights the positive performance of gaming stocks in Macau, driven by strong growth in gaming revenue and high hotel occupancy rates during the upcoming Chinese New Year holiday [1] Group 2 - According to the Macau Gaming Inspection and Coordination Bureau, the gross gaming revenue for January reached 22.633 billion MOP, representing a year-on-year increase of 24.0% [1] - Hotel operators in Macau report that hotel booking rates and travel agency orders are rising, with expectations that hotel occupancy during the Chinese New Year will exceed 90% [1] - Morgan Stanley's report indicates that the average daily gaming revenue during the first five days of last year's Golden Week was approximately 1.1 billion MOP, and anticipates that this year's Lunar New Year gaming revenue will be comparable or even stronger due to high occupancy rates and a 25% increase in average daily room rates (ADR) [1] - The firm expects a 13% year-on-year growth in total gaming revenue for February, supported by sustained demand post-holiday, and projects a 16% year-on-year increase in industry EBITDA for the first quarter of this year, leading to upward revisions in earnings forecasts [1]

Group 1 - Hong Kong gaming stocks experienced a collective surge, with New Macau International Development rising over 6% [1] - Sands China increased by 4%, while Galaxy Entertainment and Wynn Macau both saw a rise of 2.5% [1] - A notable increase was observed in the stocks of Australian Gaming Holdings and MGM China, which both surged by 25% [1]

Core Viewpoint - The Macau gaming stocks experienced a collective rise, with significant increases in share prices, driven by positive forecasts for the upcoming Lunar New Year holiday gaming revenue [1] Group 1: Stock Performance - Melco International Development saw a rise of over 6% [2] - Sands China increased by 4% [2] - Galaxy Entertainment and Wynn Macau both rose by 2.5% [2] - SJM Holdings and MGM China both experienced a 2% increase [2] Group 2: Market Insights - Morgan Stanley's research report indicated that the average daily gaming revenue in Macau during the first five days of last year's Golden Week was approximately 1.1 billion MOP [1] - The hotel occupancy rate during this year's Lunar New Year is expected to be similar to last year, with average daily room rates (ADR) up by about 25% [1] - The forecast for gaming revenue during this year's Lunar New Year holiday is expected to match or exceed last year's Golden Week figures [1] - The firm anticipates a 13% year-on-year growth in total gaming revenue for February [1] - EBITDA for the industry is projected to grow by 16% year-on-year in the first quarter of this year, leading to upward revisions in profit forecasts [1] Group 3: Hotel Industry Outlook - Macau hotel operators report a continuous increase in hotel booking rates and travel agency orders for the Spring Festival period [1] - Hotel occupancy rates during the Spring Festival are expected to exceed 90%, indicating a peak in Macau's tourism market [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 SANDS CHINA LTD. 金沙中國有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1928及票據證券代號：5142、5733、 40247、40585、40852、40853、40854、5413、5414、5415） 內幕消息 本公司控股股東 LAS VEGAS SANDS CORP. 截至二零二五年十二月三十一日止 全年業績 1 0 - K表年度報告 LVS根據適用於公開買賣的紐約證交所上市公司的持續披露責任向美國證券交易委員 會（「美國證交會」）分別存檔季度報告及年度報告，包括季度及年度財務資料及8-K表、 10-Q表及10-K表項下各自的若干營運統計數字。該等存檔包括有關LVS的澳門業務（該等 澳門業務由本公司擁有）的分部財務資料，而該等存檔可於公開領域查閱。 1 LVS於二零二六年二月七日（香港時間上午六時正）或前後向美國證交會存檔其截至二 零二五年十二月三十一日止全年10-K ...

Economic Data - The People's Bank of China will release January CPI and PPI on February 11 [1] - The National Bureau of Statistics will publish the monthly report on January commodity residential sales price index on February 13 [1] - Financial data including January social financing and new RMB loans will also be released next week [1] - In the US, December retail sales month-on-month will be announced on February 10, followed by January unemployment rate and non-farm employment data on February 11 [1] Earnings Reports - The US earnings season continues with several notable companies reporting next week, including BP, Barclays, Marriott, Coca-Cola, and AstraZeneca on February 10 [2] - Other companies such as NetEase, Youdao, and Total will report on February 11, while TripAdvisor and Hyatt will report on February 12 [2] - In Hong Kong, SMIC will report earnings on February 10, followed by Budweiser APAC and NetEase Cloud Music on February 11 [2] New Stock Issuance - One new stock, Tongbao Optoelectronics, will be available for subscription on February 9, with Ai De Technology listing on the Beijing Stock Exchange on February 10 [2] - Several new stocks will list in Hong Kong, including Lanke Technology on February 9 and Aixin Yuanzhi on February 10 [2] Stock Unlocking - A total of 33 restricted stocks will be unlocked next week, with a total market value exceeding 36 billion yuan, led by Hunan YN with 24.096 billion yuan [3][10] Central Bank Operations - The central bank will have 4.055 billion yuan of reverse repos maturing next week, with specific amounts maturing each day [3][10] Government Bonds - The Ministry of Finance will issue the first phase of RMB government bonds in Hong Kong on February 11, with a scale of 14 billion yuan [13]

Core Viewpoint - Morgan Stanley expects Sands China (01928) to double its dividend to HKD 1 this year, maintaining an "Overweight" rating despite a weaker-than-expected Q4 performance [1] Financial Performance - Sands China's Q4 performance was below expectations, with gross profit declining due to business mix, underwhelming mid-game revenue, and rising operating costs [1] - The firm has adjusted its EBITDA forecast downwards by approximately 3% ahead of the group's earnings release [1] Stock Performance - Despite Sands China's stock price dropping by 10% over the past month, underperforming the Hang Seng Index's 2% increase and peers' stable performance, this reaction is considered excessive [1] Market Outlook - The firm anticipates an increase in Sands China's market share this year and expects the annual dividend to double to HKD 1 per share, translating to a dividend yield of 5.4% at current prices [1] - With gradual dividend growth, the annual dividend is projected to exceed HKD 1.5 per share by 2028 [1]