MGM China Renews Long-Term MGM Branding Deal Under HKEX Connected Transaction Rules
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MGM China Holdings has signed a new Long Term Branding Agreement effective from 1 January 2026 for up to 20 years, replacing the existing agreement expiring on 31 December 2025. The agreement includes annual caps and complies with HKEX connected transaction rules, exempting it from independent shareholders' approval. An independent financial adviser confirmed the duration aligns with normal business practices. The latest analyst rating for MGM China Holdings stock is a Buy with a HK$18.50 price target.
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