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Investors Don't See Light At End Of Man Wah Holdings Limited's (HKG:1999) Tunnel And Push Stock Down 26%
Hong Kong stocks moving unusually | Trump’s tariff pressure weighs down export stocks, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) opens more than 10% lower, TECHTRONIC IND (00669) opens more than 5% lower.
The export stocks opened lower under pressure in the morning. As of the time of reporting, Shenzhou International Group Holdings Limited Unsponsored ADR (02313) is down 10.19%, priced at 55.55 HKD; TECHTRONIC IND (00669) is down 5.49%, priced at 88.65 HKD; and HAIER SMARTHOME (06690) is down 5.22%, priced at 23.6 HKD.
MAN WAH HLDGS (01999.HK) will hold a Board of Directors meeting on May 15 to approve the financial performance.
Glory Holdings announced on March 28 that MAN WAH HLDGS (01999.HK) will hold a Board of Directors meeting on May 15, 2025, to consider and approve the audited financial performance of the company and its subsidiaries for the year ending March 31, 2025, as well as to consider the declaration of a final dividend (if any) and to address any Other matters.
MAN WAH HLDGS: NOTICE OF BOARD MEETING
Man Wah Holdings (HKG:1999) Shareholders Have Endured a 40% Loss From Investing in the Stock Three Years Ago
[Brokerage Focus] CITIC SEC expects that the home Industry will continue to exhibit the fundamental characteristics of 'strong expectations, weak realities' in 2025.
Jinwu Financial News | CITIC SEC stated that the national subsidy for home furnishings in 2024 has achieved certain effects, with noticeable improvements in home demand in cities or regions with greater policy freedom and flexibility. However, it is important to note that the released demand this time mainly consists of essential needs. As for the release of renovation demand in the existing stock and the end of the consumption downgrade in the home furnishings Industry, it is expected that further efforts and optimizations in subsequent policies will still be required. Looking ahead to 2025, in regions where new national subsidy policies for home furnishings have already been introduced, it seems that the policies are becoming stricter and standards are on the rise. However, the bank determines that the overall direction remains gradual improvements and relaxations, with localized subsidies as the main theme.
Subdued Growth No Barrier To Man Wah Holdings Limited (HKG:1999) With Shares Advancing 26%
