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SCHYY News and Press, Sands China Ltd. ADR From 10/04/21

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Company Name: Sands China Ltd. ADR
Stock Symbol: SCHYY
Market: OTC

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SCHYY - Macau traffic reported to be dismal for the first part of Golden Week

The Macau casino sector continues to slump as COVID restrictions hold back traffic. The first two days of the Golden Week holiday saw just 3,122 visitors, which is significantly lower than the 22,116 who arrived for the same period last year and is less than 1% of the 2019 traffic level, acco...

SCHYY - Macau casino stocks are on watch with Golden Week forecast to disappoint

Jefferies warns on more troubles for the Macau sector in the near term as COVID restrictions remain ahead of a key holiday period. Analyst David Katz and team believe the upcoming Golden Week holidays is likely to disappoint similar to the Chinese New Year due to the potential for new travel ...

SCHYY - Chinese Internet Stocks: One Step Forward, Two Steps Back

Another week, another sector came under the scrutiny of the Chinese government, helping to divert market players from the internet stocks. There are silver linings from the Macau casino regulatory scrutiny that could benefit the Chinese internet sector. Baidu announced several pos...

SCHYY - Macau recovery hopes fade after COVID outbreak in Fujian

There are bumps in the road for a recovery in Macau after a new COVID outbreak in the Fujian province of 22 new cases linked to a single traveler. That development has raised concerns of tightening in other areas. Jefferies warns that the improving Macau gross gaming revenue trend in the late...

SCHYY - Sands China Announces Pricing of $1.95 Billion of Senior Unsecured Notes

Sands China Announces Pricing of $1.95 Billion of Senior Unsecured Notes PR Newswire LAS VEGAS , Sept. 9, 2021 /PRNewswire/ -- Las Vegas Sands Corp. (NYSE: LVS) today announced that its majority-owned subsidiary, Sands China Ltd. ("Sands China"), has priced $70...

SCHYY - Macau casino stocks are in the spotlight as lighter COVID restrictions help traffic

The Macau casino sector is looking for a second day of gains on some incrementally good news on traffic trends for the first week of September. A new travel program in Hong Kong that will allow more Mainland visitors is also raising optimism levels. Also in the mix, Bernstein analyst Vitaly U...

SCHYY - Macau gaming revenue for August tops expectations but is the lowest tally of the year

Macau gross gaming revenue rose 234% year-over-year in August to 4.44B patacas ($550M) to top the consensus expectation for growth of 176%. The GGR tally for the month was down 47.4% from the level in July as some tightened travel and border restrictions at the beginning of the month factored...

SCHYY - Macau casino sector rallies after restrictions ease for Mainland visitors

Macau casino stocks trade higher after the special administrative region's authorities announced testing polices for visitors from the Mainland will be eased beginning tomorrow. Travelers from the Mainland through Guangdong who have not visited Hong Kong, Taiwan or a foreign country are requi...

SCHYY - Macau recovery starts to take hold with jump in July gross gaming revenue

Macau gross gaming revenue rose 29% month-over-month to 8.44B patacas ($1.05B). The tally for the month was up 528% from the mark a year ago when the casino traffic was heavily impacted by the pandemic, but fell short of the consensus mark for an increase of 540.5%. JPMorgan forecasts that ga...

SCHYY - Visitors Flock to Popular 2021 Sands Shopping Carnival

Visitors Flock to Popular 2021 Sands Shopping Carnival Fun-filled three-day event wraps ups after attracting upwards of 110,000 visits PR Newswire MACAU , Aug. 2, 2021 /PRNewswire/ -- The 2021 Sands Shopping Carnival successfully concluded July 25 ...

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