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BUZZ-HK-listed Man Wah jumps most in 10 months on buying US furniture maker

Reuters
2025/12/19
BUZZ-HK-listed <a href="https://laohu8.com/S/MAWHF">Man Wah</a> jumps most in 10 months on buying US furniture maker

** 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%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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