Sands China tops Hong Kong benchmark as Macau gaming revenue rises

Reuters
2026.02.02 05:43
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Sands China stock surged nearly 6% to HK$18.03, marking its largest one-day percentage increase since September 19. It led gains among Macau gaming stocks despite the Hang Seng Index declining by 2.4%. Macau's gross gaming revenues rose 24% year-on-year in January, reaching 22.63 billion patacas ($2.81 billion), the highest since October 2025. Competitors like Melco, SJM, Wynn Macau, MGM China, and Galaxy saw stock increases between 0.2% and 1.2%.