Las Vegas Sands Stock Plunges Amid Chinese Market Selloff

Las Vegas Sands Corp. (LVS) shares took a significant hit on Tuesday, dropping over 3% in response to a dramatic selloff in Chinese markets. The Hang Seng Index, a key indicator of the Chinese stock market, plummeted over 9%, marking its worst single-day performance since 2008. This decline, fueled by investor disappointment over the lack of bold fiscal stimulus from Beijing, sent ripples through companies with substantial exposure to China, including Las Vegas Sands, which relies heavily on its Macau operations.

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