[ET Net News Agency, 10 August 2021] Credit Suisse lowered its target price for Sands
China (01928) to HK$27.2 from HK$33.3 and maintained its "neutral" rating.
The research house said while it continues to like Sands for its strength in base mass
exposure and new Londoner revamp; it believes the sector would continue to see downside
despite its long-term positive view with the uncertainties on timing (could be a prolong
drag), magnitude (a slow pace) and ceiling (capacity may cap growth). (RC)