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  1. Comment - Insight & Opinion

    Xi gives reform advocates cause for hope

    Posted Dec 15th 2012, 12:00am by GARY SANDS

    ... Gary Sands says events during Xi Jinping's southern tour, in Deng's footsteps, augur well for change in China despite the failure of key reformers to make it to the top leadership body The once-in-a-decade leadership transition in China last month left some analysts fearing for the cause of reform after key reformers Li Yuanchao, Wang Yang and Liu Yandong failed ...

  2. News - China

    China slams US-Japan treaty on Diaoyus

    Posted Dec 03rd 2012, 06:03pm by Agence France-Presse in Beijing China

    ... Agence France-Presse in Beijing China China on Monday branded a US-Japan security treaty “a product of the cold war” after Washington reaffirmed its commitment to Japan in its territorial dispute with China over the Senkaku Islands, known in Chinese as the Diaoyus. The amendment, attached to the National Defence Authorisation Bill, noted that while the United States “takes ...

  3. Sands China gets approval to delay Macau casino construction

    Posted Jul 17th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Sands China says the Macau government has given it more time to build a casino resort on a site in Cotai but expects to pay a penalty for the delay. The Macau ... will understand the reason why they couldn't meet the deadline'. Donald Cheng, an analyst at Haitong International Securities, said he believed Sands China could finish the delayed resort ...

  4. Venetian is high roller for Sands China

    Posted May 10th 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Hong Kong-listed Sands China, an arm of Las Vegas casino mogul Sheldon Adelson's Sands Corp, said net profit rose 6.4 per cent to US$279.3 million for this year's first quarter from US$262.4 million a year earlier. Sands China's net revenue for the quarter rose 25.1 per cent to US$1.45 billion, from US$1.16 billion in the same period last year. ...

  5. Sands China joins payout club with HK$4.67 billion maiden dividend

    Posted Feb 01st 2012, 12:00am

    ... Neil Gough neil.gough@scmp.com A maiden HK$4.67 billion dividend payout by Sands China may point the way to more distributions by other cashed-up Macau casino companies, say analysts. Sands China, 70.3 per cent owned by gaming magnate Sheldon Adelson's Las Vegas Sands, said yesterday it would pay a HK 58 cents-per-share interim dividend to shareholders of record ...

  6. Sands China shares hit a lucky spot

    Posted Feb 03rd 2012, 12:00am

    ... Neil Gough neil.gough@scmp.com Shares in Sands China rose 4.9 per cent to a record yesterday, after the Macau casino operator reported soaring profit and announced plans to pay dividends ... with credit and collect their debts in exchange for a hefty commission. This was after the firing of former Sands China chief executive Steven Jacobs in mid-2010. The company and Jacobs are engaged ...

  7. PetroChina in full control of oil sands

    Posted Jan 05th 2012, 12:00am

    ... Eric Ng eric.mpng@scmp.com State-backed PetroChina, the nation's largest oil and gas producer, will buy 40 per cent of an oil sands project in western Canada for C$680 million (HK$5,213 million), making it the first Chinese firm to wholly own a Canadian oil sands project. The deal, together with a US$2.2 billion acquisition by state-owned China Petrochemical Corporation ...

  8. Sands China hits jackpot with US$1.1B annual profit

    Posted Mar 03rd 2012, 12:00am

    ... Sophie Yu sophie.yu@scmp.com Macau casino operator Sands China yesterday reported profit for the year ended December 31 of US$1.13 billion- a 70 per cent increase on the previous year, ... being added. He said 90 per cent of Sands' customers are from China, and the continued economic growth on the mainland assured Macau of a strong supply of visiting tourists. Gambling ...

  9. Business - Companies - EARNINGS

    Sands share of Macau revenue rises to 19pc

    Posted Nov 03rd 2012, 12:00am by Toh Han Shih

    ... share of macaurevenue rises to 19 pc Sands China is expected to build a bigger stake in Macau's gaming market after gaining market share and posting better-than-expected profits ... growth in market share, said Sheldon Adelson, the chairman of Sands China and its New York-listed parent, Las Vegas Sands. "Our industry-leading scale and infrastructure investments ...

  10. Business - Companies

    Galaxy benefits from woes hitting Macau casino rivals Sands and Wynn

    Posted Sep 21st 2012, 12:00am by Bloomberg

    ... by Lui Che-woo, has surged 75 per cent in the past 12 months, more than double the 31 per cent gain in Adelson's Sands China. That has helped put Lui among the world's 100 richest ... week by a Nevada judge who said the company and its Sands China unit deceived the court concerning evidence sought by the former head of its China operations in a lawsuit over his firing. ...




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