HK Stock Market Move | Golden Sands China (01928) rose more than 3% in the third quarter, with adjusted property EBITDA increasing by 2.7%.

Sands China (01928) rose more than 3%, rising 3.04% to HK$18.98 as of the time of writing, with a turnover of HK$2.48 billion. In terms of news, Sands China's controlling shareholder Las Vegas Sands Corp. announced its third-quarter performance at the end of September. According to US GAAP, Sands China's net profit for the quarter increased by 7.5% year-on-year to $1.9 billion; net revenue rose by 1.5% to $272 million. Adjusted property EBITDA increased by 2.7% to $601 million. Interest expenses after deducting capitalized amounts for the period were $187 million, compared to $179 million in the same quarter last year. Weighted average debt balance was $15.94 billion, compared to $13.87 billion in the same period last year.