On July 29, SANDS CHINA LTD rose 3.23% in regular trading to HK$14.87, with turnover of HK$29.62 million. The stock rebounded after a selloff triggered by disappointing Q2 results, with multiple analysts maintaining bullish ratings at targets well above current levels.

The company reported Q2 net income of $107 million, down 50% year-over-year, with adjusted property EBITDA declining to $430 million from $566 million in the prior-year period. Management attributed the weakness to extremely low VIP win rates and global football event disruptions, stressing that Q2 does not reflect the company's true earning power.

Despite the miss, Citi maintained a \"Buy\" rating with an HK$18.5 target, citing expectations that a strong H2 events and concert lineup will drive recovery, while Goldman Sachs set its target at HK$19.5 — both implying over 24% upside from current levels. The rebound suggests the market has digested the Q2 disappointment and is refocusing on H2 recovery prospects.

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