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The latest update is out from SJM Holdings ( (HK:0880) ).
SJM Holdings Limited announced the termination of its agreement with Tin Hou Limited, resulting in the early closure of Casino Emperor Palace in Macau by October 31, 2025. The termination is part of SJM’s broader business strategy and is not expected to adversely affect the company’s overall financial health. Employees will be reassigned within the company, ensuring continuity of employment, while gaming assets will be redeployed to other casinos.
The most recent analyst rating on (HK:0880) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on SJM Holdings stock, see the HK:0880 Stock Forecast page.
More about SJM Holdings
SJM Holdings Limited is a prominent player in the gaming and entertainment industry, primarily operating in Macau. The company, through its subsidiaries, offers gaming services and operates casinos, focusing on providing entertainment and hospitality services in the region.
YTD Price Performance: 10.04%
Average Trading Volume: 27,140,290
Technical Sentiment Signal: Buy
Current Market Cap: HK$21.02B
For an in-depth examination of 0880 stock, go to TipRanks’ Overview page.