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

Man Wah Holdings

19/12/2025 04:57

** 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))