CICC: maintains a "outperform" rating on Sands China (00200) with a target price of 5.30 Hong Kong dollars.

According to the Zhitong Finance and Economics APP, Zhong Jin issued a research report stating that based on the continuous increase in market share, the 2025 and 2026 adjusted EBITDA forecasts for New Hope International Development (00200) have been raised by 2% to HK$14.01 billion and HK$13.45 billion respectively. The current stock price corresponds to 5 times the 2025e EV/adjusted EBITDA. The bank maintains an outperforming industry rating and a target price of HK$5.30, corresponding to a 40% net asset discount rate, with a 48% upside potential compared to the current stock price.