According to the news, Las Vegas Sands China (01928) rose nearly 5% in the afternoon, with an increase of 3.98% at the time of the press release, closing at 20.65 Hong Kong dollars, with a turnover of 0.366 billion Hong Kong dollars.

On the news front, Las Vegas Sands China recently announced that according to US Generally Accepted Accounting Principles, the net profit of Las Vegas Sands China in the third quarter decreased by 1% year-on-year to 1.77 billion US dollars; net revenue increased by 16% year-on-year to 0.268 billion US dollars. Adjusted property EBITDA decreased by 7.3% year-on-year to 0.585 billion US dollars. Las Vegas Sands China's parent company, Las Vegas Sands, stated that Las Vegas Sands China showed good operational performance. They expect Las Vegas Sands China to resume dividends in the coming years and hope to actively repurchase shares in the market.

CICC pointed out that Las Vegas Sands China's third-quarter performance exceeded market expectations. The bank quoted Las Vegas management's expectations that due to the ongoing renovation project at the Londoner Hotel, scheduled to be completed in the first half of next year, operations will continue to be disrupted. The number of hotel rooms available for operation in the fourth quarter is expected to decrease by 600 to 700 compared to the third quarter. In addition, management noted that visitor numbers in the third quarter have recovered to 93% of the third quarter of 2019, driven mainly by same-day travelers, but performance in the mass market segment still lags behind the high-end market segment. Management pointed out that if cash flow continues to recover and receives board approval, the company may resume dividends starting in 2025.