Morgan Stanley: Believes that the future stock price of Sands China (01928) will rise relative to the Hang Seng Index in the next 60 days.

Morgan Stanley released a research report stating that they believe Sands China (01928) is likely to increase in stock price relative to the Hang Seng Index in the next 60 days by 80%. Morgan Stanley believes this is due to the recent selling pressure on the stock, making short-term valuation more attractive. The report notes that Sands China recently announced the inclusion of the phrase "considering recommending the payment of final dividends" for the first time since April 2020, and eventually declared dividends. Morgan Stanley sees this as a positive signal, as many investors did not expect any dividends in 2024. Morgan Stanley believes that any dividend above HK$0.2 per share is a positive factor. They predict that Sands China will announce the payment of interim dividends in August 2025. The bank estimates that the two dividends combined could be as high as HK$1 per share, equivalent to a dividend yield of approximately 6.2%.