BUZZ-Sands China jumps most in 15 months as key shareholder eyes to up stake

Reuters
2024-09-10

** Sands China jumps 5.5% to HK$14.16, on track for the biggest one-day pct rise since June 2023

** Co says its controlling shareholder Las Vegas Sands Corp

intends to further increase its shareholding in the company for up to HK$800 mln ($102.6 mln)

** Shares of other Macau gaming rivals Melco International

, SJM , Galaxy , MGM China and Wynn Macau also rise

** Melco gains the most (2.1%), while Wynn Macau adds 0.4%

** Sand China on track to snap three consecutive sessions of fall

** Stock down 41.3% YTD ($1 = 7.7960 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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