HK-listed Man Wah jumps most in 10 months on buying US furniture maker
ReutersDec 19, 2025 4:57 AM
Man Wah Holdings 1999.HK jumps 8% to HK$4.75; set for biggest one-day pct gain since February 14
Stock hits highest since December 8
Sofas and ancillary products maker's unit agrees to buy 100% of U.S. furniture maker Gainline Recline Intermediate Corp for $58.7 mln, inclusive of debt
Says Group's manufacturing footprint will be expanded to U.S. to address opportunities, challenges arising from changes in international trade environment
YTD, stock down 1.3%
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