Trade MGM China Holdings Limited - 2282 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.1
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.018767 %(-HK$3.75)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01877%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.003151 %(-HK$0.63)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00315%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.018767 %
  (-HK$3.75)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.003151 %
  (-HK$0.63)

Key Stats

• Prev. Close: 10
• Open: 9.9
• 1-Year Change: -37.93%
• Day's Range: 9.9 - 9.9

Trade MGM China Holdings Limited - 2282

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).