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证券研究报告 金沙中国有限公司 (1928 HK) GGR 恢复低于行业,伦敦人或支撑营 收修复 | 华泰研究 | 中报点评 | 投资评级(维持): | 头人 | | --- | --- | --- | --- | | 2025年7月25日 中国香港 | 博彩 | 目标价(港币): | 21.20 | | 金沙中国母公司 LVS 于美国时间 7/23 盘后发布 25Q2 财报,当中澳门业务 | | 何翩翩 | 研究员 | | | | SAC No. S0570523020002 | purdvho@htsc.com | | (金沙中国)博彩毛收入(GGR) 17.2 亿美元,同比+0.3%,环比+6.5%, | | SFC No. ASI353 | +(852) 3658 6000 | | 恢复至 19Q2 的 81%(行业 83%)。LVS 盘后涨约 5%,主因新加坡业务 | | | | | 超预期,但澳门业务恢复不及预期。尽管 2Q整体访澳客流强劲、高端需求 | | 易楚妍 | 联系人 | | 回升,但金沙中国恢复节奏滞后。管理层坦言过于依赖酒店硬件吸引力,容 | | SAC No. S057012407 ...

21 July 2025 China Internet China Internet: The edge of the Internet... Robin Zhu +852 2123 2659 robin.zhu@bernsteinsg.com Min-Joo Kang +852 2123 2644 minjoo.kang@bernsteinsg.com Charlie Peng +81 3 6777 6993 charlie.peng@bernsteinsg.com …and other side-effects of massive excess bubble tea consumption. The main question approaching July pre-close season was just how bad the cuts would need to be, in response to the ongoing competition between Meituan, JD, and Alibaba - spanning the food delivery and e-commer ...

24 July 2025 | 9:39AM HKT Sands China (1928.HK) Buy 2Q25 results inline. GGR recovery led by mass not VIP. Signs of base mass returning. Buy | | | Sands China's 2Q25 results were in line with our expectation with headline EBITDA of US$566mn (vs. Bloomberg consensus estimate US$555-580mn). Adjusting VIP win rate back to 3.3% theoretical (vs. 3.56% reported), EBITDA would have come in at US$559mn, +3% qoq, implying a slight -0.3pts margin slippage to 31.3% (vs. 31.6% in 1Q25) on 4% qoq revenue growth mostly a ...

Las Vegas Sands (LVS) Q2 2025 Earnings Call July 23, 2025 04:30 PM ET Company ParticipantsDaniel Briggs - SVP - IRRobert Goldstein - Chairman & CEOPatrick Dumont - President, COO & DirectorGrant Chum - President & CEODaniel Politzer - Executive Director, Equity Research - Gaming and LodgingBrandt Montour - Director - Equity ResearchLizzie Dove - VP - Equity ResearchDavid Katz - Managing DirectorJohn Decree - Director - Institutional ResearchSteven Wieczynski - Managing DirectorConference Call ParticipantsSt ...

.@CFTC Staff Issues No-Action Letter Extension Regarding Position Aggregation Requirements:https://t.co/o58W7l6OKk ...

Core Viewpoint - MoneyHero Limited has regained compliance with Nasdaq's minimum bid price requirement after its share price remained above $1.00 for 10 consecutive business days [1][3]. Group 1: Compliance with Nasdaq - The company received a Compliance Notice from Nasdaq on July 17, 2025, confirming it has met the minimum bid price requirement [1]. - Previously, on April 7, 2025, Nasdaq notified the company that it was not in compliance as its share price was below $1.00 for 30 consecutive business days [2]. - The company’s ordinary shares closed at $1.00 or greater from July 2, 2025, to July 16, 2025, leading to the closure of the compliance matter [3]. Group 2: Company Overview - MoneyHero Limited operates as a personal finance aggregation and comparison platform and a digital insurance brokerage in Greater Southeast Asia, including Singapore, Hong Kong, Taiwan, and the Philippines [4]. - The company has a diverse brand portfolio, including B2C platforms such as MoneyHero, SingSaver, Money101, Moneymax, and Seedly, as well as a B2B platform named Creatory [4]. - As of March 31, 2025, MoneyHero had over 260 commercial partner relationships and approximately 5.7 million Monthly Unique Users across its platforms [4].

Details and of this of this treaty. Lizzie, how significant is it. Well, it's significant, as you say, that this is first the first trip for me as chancellor to the UK.It follows on the heels of that visit from Macron. So it suggests that storm is trying to have closer ties with Europe post-Brexit. It's called the Kensington Treaty Base and you touch on the defence aspects.It is not a replacement for Article five of NATO's collective action part principle. But what it does say is that they're committing to ...

RT Bloomberg Live (@BloombergLive)"I'm really hoping that the private sector in particular doesn't succumb to fear from this administration," US House of Representatives' @yassaminansari #BloombergGreen⏯️ https://t.co/LowlVDLHYq https://t.co/MWbcK59eAY ...

Industry Perspective - Sports is one of the only things left that brings everybody together [1] Sustainability Focus - Bloomberg Green highlights the intersection of sports and environmental concerns [1]