Sands China, which operates the Las Vegas group’s three casinos in Macao, fell as much as 15 per cent when it began trading in Hong Kong on Monday, hit by concerns over the health of the gaming market in spite of a rebound in the broader market.
The company, which has raised US$2.5bn after pricing its shares at the bottom end of an indicative range, traded at HK$9.14 at GMT 02:21, compared with its initial public offering price of HK$10.38 each.
