Sands China sinks to 20-month low after results, Macau rivals dip
** Shares of Sands China 1928.HK fall 3.7% to HK$14.92, lowest since November 2022, after controlling shareholder Las Vegas Sands (LVS) LVS.N missed Wall Street Q2 profit estimates
** Stock on track for the biggest one-day pct drop since April 19; down 32.2% YTD
** Stock fifth biggest pct loser on Hang Seng Commerce & Industry Index .HSNC, which falls 1.8%
** "Visitation to the (Macao) market remains well below the levels reached prior to the pandemic" - LVS CEO Robert Goldstein
** Sands China's adjusted property EBITDA up 3.7% Y/Y; EBITDA margin for Macao portfolio down 80 basis points Y/Y at 32.1% - LVS COO Patrick Dumont
** Shares of Las Vegas Sands fell 2% on Wednesday
** Macau rivals also dip; SJM 0880.HK, Galaxy Entertainment 0027.HK, Melco International 0200.HK, MGM China 2282.HK and Wynn China 1128.HK down between 1.2% and 2.2%
** Hang Seng Composite Index .HSCI and Hang Seng Index .HSI both fall 1.4% %
Reporting by Donny Kwok
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