2282.HK - MGM China Holdings Limited

HKSE - HKSE Delayed Price. Currency in HKD
11.740
-0.340 (-2.81%)
At close: 4:08PM HKT
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Previous Close12.080
Open11.980
Bid11.740 x 0
Ask11.760 x 0
Day's Range11.740 - 12.160
52 Week Range10.780 - 17.660
Volume3,696,400
Avg. Volume5,314,455
Market Cap44.612B
Beta (3Y Monthly)1.32
PE Ratio (TTM)41.78
EPS (TTM)0.281
Earnings DateAug 6, 2019 - Aug 12, 2019
Forward Dividend & Yield0.19 (1.60%)
Ex-Dividend Date2019-08-14
1y Target Est16.80
  • Is MGM China Holdings (HKG:2282) Using Too Much Debt?
    Simply Wall St.

    Is MGM China Holdings (HKG:2282) Using Too Much Debt?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • Reuters

    Macau's casinos count cost of Hong Kong's escalating protests

    Growing protests in the Asian financial centre of Hong Kong are weighing on the neighbouring Chinese territory of Macau as some visitors steer clear of the world's biggest gambling hub, worried over transport disruptions and safety concerns. Hong Kong, a former British colony, has suffered a wave of sometimes violent protests since June as initial opposition to a now-suspended extradition law evolved into a direct challenge to the government and calls for full democracy. "When you have hundreds of flights cancelled out of Hong Kong and some reluctance to travel, I do think that's impacting the premium end of the business," Matt Maddox, chief executive of Wynn Resorts, which runs two Macau casinos, said this week.

  • Reuters

    Macau casino revenues fall 3.5% y/y in July

    Gambling revenue in the Chinese territory of Macau dropped 3.5% in July from a year earlier, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy and a trade war with the United States. Revenue was 24.5 billion patacas ($3.04 billion) in July, Macau's Gaming Inspection and Coordination said on Thursday. The figure was just below analyst expectations of a 3% drop to 3% rise.

  • PR Newswire

    MGM China Reports 2019 Interim Results

    MGM COTAI Continues Its Ramp MGM China Adjusted EBITDA Grew 33% Year-on-Year HONG KONG , July 26, 2019 /PRNewswire/ -- MGM China Holdings Limited ("MGM China" or the "Company"; SEHK ...

  • Reuters

    Macau casino revenues up 5.9% in June

    Gambling revenue in the Chinese territory of Macau rose 5.9% in June year on year, as sentiment to gamble saw an uptick in the world's largest gambling hub. June's figure was 23.8 billion patacas ($2.95 billion), according to Macau's Gaming Inspection and Coordination.

  • Reuters

    Macau studies setting up securities market in push to diversify

    Macau is considering launching a yuan-based stock market to help it diversify away from gaming, its main source of revenue, and align the territory more with China's growth plans for the Greater Bay Area in the country's southern region. Macau's Monetary Authority told Reuters in an email that it was starting feasibility studies for a securities market, including a stock market which would "leverage Macau's advantage to serve the country's need," compared with established centres Hong Kong and Shenzhen. Beijing is pushing for the special administrative region of Macau to become an international tourism destination as well as a platform for trade and business between Portuguese speaking countries and China.

  • Reuters

    Macau casino revenue hits 5-month high in May

    Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the world's No.2 economy and a Sino-U.S. trade war continued to keep a lid on gains. Revenue was 25.95 billion patacas ($3.21 billion), the highest this year, Macau's Gaming Inspection and Coordination said on Saturday, versus 25.5 billion patacas a year ago and also up from April's monthly haul of 23.6 billion patacas. As the special administrative region marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth.

  • Did You Manage To Avoid MGM China Holdings's (HKG:2282) Painful 54% Share Price Drop?
    Simply Wall St.

    Did You Manage To Avoid MGM China Holdings's (HKG:2282) Painful 54% Share Price Drop?

    Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more...

  • Is MGM China Holdings Limited (HKG:2282) Trading At A 39% Discount?
    Simply Wall St.

    Is MGM China Holdings Limited (HKG:2282) Trading At A 39% Discount?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Does the May share price for MGM China Holdings Limited (HKG:2282) reflect what it's really worth? To...

  • Reuters

    Macau's April casino revenue posts worst drop in nearly three years

    Gambling revenue in the Chinese territory of Macau fell 8.3 percent in April, the biggest year-on-year drop since June 2016, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy. The figure, down from 25.8 billion patacas in March, was in line with analyst expectations for a 3-12 percent drop year on year.

  • Moody's

    MGM China Holdings Limited -- Moody's assigns a Ba3 to MGM Resorts proposed unsecured notes issued by MGM China sub

    Moody's Investors Service ("Moody's") today assigned a Ba3 rating to the proposed senior unsecured notes to be issued by MGM China Holdings Limited, a 55.95% owned discretely financed publicly traded subsidiary of MGM Resorts International. MGM China owns and operates two resort casinos in Macau, China that account for approximately 20% of MGM Resorts consolidated EBITDA.

  • PR Newswire

    MGM China Reports 2019 First Quarter Financial Data

    In the first quarter, MGM China recorded total revenue of HK$5.8 billion, an increase of 24% from the same quarter last year. MGM China saw adjusted EBITDA up by 27% year-on-year to HK$1.6 billion. While the first-quarter Macau gross gaming revenue (GGR) remained flat as last year, MGM China saw its GGR up by 18% year-on-year.

  • Is MGM China Holdings Limited's (HKG:2282) High P/E Ratio A Problem For Investors?
    Simply Wall St.

    Is MGM China Holdings Limited's (HKG:2282) High P/E Ratio A Problem For Investors?

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use MGM China Holdings Limited's (HKG:2282) P/E ratio to inform your assessment of the inv...

  • Reuters

    Macau casino revenue dips 0.4 percent in March

    Gambling revenue in the Chinese territory of Macau dipped 0.4 percent in March year-on-year, as slowing economic growth and the Sino-U.S. trade war turned off high-roller gamblers. March's revenue was 25.8 billion patacas ($3.2 billion), Macau's Gaming Inspection and Coordination posted on Monday. As the special administrative region marks 20 years since its handover from Portuguese rule, slower mainland economic growth, a weaker yuan and a simmering trade war threaten to derail growth.

  • Reuters

    Macau casino revenues dip 0.4 percent in March

    Gambling revenue in the Chinese territory of Macau dipped 0.4 percent in March year-on-year as slowing economic growth and the Sino-U.S. trade war turned off high-roller gamblers. March's figure was 25.8 ...

  • Moody's

    MGM Resorts International -- Moody's assigns Ba3 to MGM Resorts' $500 million sr unsecured note offering

    Moody's Investors Service ("Moody's") assigned a Ba3 rating to MGM Resorts International's ("MGM") proposed $500 million senior unsecured notes due 2027. The net note proceeds, together with other sources of funds, which may include cash on hand or borrowings under its revolving credit facility, will be used to redeem up to $500 million aggregate principal amount of MGM's outstanding 5.25% senior notes due 2020 and 6.75% senior notes due 2020 through cash tender offers. MGM is constrained by its concentration in Las Vegas (approximately 61% of consolidated 2018 EBITDA), exposure to the Macau gaming market that is experiencing volatility, and the ramp-up risk associated with recent resort developments - MGM Cotai (opened in Q1 2018) and MGM Springfield (opened in August 2018) and the redeveloped Park MGM (completed in December 2018).

  • Should We Be Delighted With MGM China Holdings Limited’s (HKG:2282) ROE Of 12%?
    Simply Wall St.

    Should We Be Delighted With MGM China Holdings Limited’s (HKG:2282) ROE Of 12%?

    Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return OnRead More...

  • Reuters

    BRIEF-MGM China Holdings Says Trading In Shares Of Co Halted

    March 15 (Reuters) - MGM China Holdings Ltd: * TRADING IN SHARES OF CO HAS BEEN HALTED AT 9:56 A.M. ON MARCH 15 * TRADING IN SHARES OF CO TO BE HALTED PENDING ANNOUNCEMENT OF SUB-CONCESSION CONTRACT OF ...

  • Reuters

    Macau casino licences for MGM China, SJM extended to 2022

    Macau, the world's largest gambling hub, has extended casino licences for MGM China and SJM Holdings until 2022, bringing them on par with other operators, authorities in the Chinese territory said on Friday. The Macau government said the MGM and SJM's licences, set to expire in 2020, would be extended for another two years with both operators required to pay a one-off fee of 200 million patacas (£18.88 million). The licence extensions in the only part of China where casinos are allowed will give authorities more time to consider how to diversify the gambling-dependent economy.

  • Reuters

    BRIEF-MGM China Holdings Says Sub-Concession Extension Contract Has Been Approved By Macau Govt

    March 15 (Reuters) - MGM China Holdings Ltd: * SUB-CONCESSION EXTENSION CONTRACT HAS BEEN APPROVED AND AUTHORIZED BY MACAU GOVERNMENT AND EXECUTED BETWEEN SJM AND MGM GRAND PARADISE * MGM GRAND PARADISE ...