Trade MGM China Holdings Limited - 2282 CFD

Trading Conditions
Spread0.35
Long position overnight fee
Long position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
-0.022639 %
(-HK$0.91)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


-0.022639%
Short position overnight fee
Short position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
0.000721 %
(HK$0.03)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


0.000721%
Overnight fee time21:00 (UTC)
CurrencyHKD
Min traded quantity1
Margin20
Stock exchangeHong Kong
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close13.4
Open13.45
1-Year Change28.71%
Day's Range13.1 - 13.45

MGM China Company profile

About MGM China Holdings Ltd

MGM China Holdings Limited is an investment holding company principally engaged in the development and operation of casino games of chance in Macau. The Company is also engaged in the operation of other casino games and related hotel and resort facilities, as well as the development of integrated resorts. The Company operates casinos business, including VIP (Very Important Person) gaming operations, main floor table gaming operations and slot machine operations. Through its subsidiaries, the Company is also engaged in the provision of hotel management services and administrative services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, MGM China Holdings Ltd revenues increased 85% to HK$9.41B. Net loss decreased 26% to HK$3.85B. Revenues reflect Occupancy - % MGM Macau increase from 35.6 to 79.8%, Casino Revenue increase of 88% to HK$8.22B, Other revenue increase of 67% to HK$1.19B. Lower net loss reflects Depreciation and Amortization decrease of 13% to HK$2.16B (expense).