FAR INTL (02516) saw its shares tumble more than 11% during the trading session. As of the time of writing, the stock was down 10.29%, trading at HKD 1.22, with a turnover of HKD 11.5678 million. The decline follows the company's announcement that on January 20, 2026, it entered into an agreement with a seller, conditionally agreeing to acquire all shares of COPE Holding from a trust, subscribe for 690 new ordinary shares of COPE, and acquire all shares of Hyperlining Holding from Ms. An. The total consideration for the transferred shares and new shares amounts to $15.777 million. Upon completion of the transaction, the company will become the sole shareholder of both COPE Holding and Hyperlining Holding, thereby holding a 44.55% equity stake in COPE through these entities, while its wholly-owned subsidiary, FAR Luxembourg Holdings Sarl, will directly hold a 6.45% stake in COPE. These transactions are strategically designed to proactively respond to changes in US trade and tariff policies, particularly the adjustments to the de minimis shipment tariff exemption system, which have significantly impacted the cross-border e-commerce logistics industry. Given the company's business is heavily focused on the US market and small parcel logistics, it currently faces substantial challenges in the prevailing environment. Through this investment, the company aims to strengthen its warehousing and last-mile delivery capabilities within the United States, building a comprehensive, end-to-end local fulfillment infrastructure.