Understanding the Market | MAN WAH HLDGS rises over 3% as institutions say that the U.S. interest rate cuts will bring fundamental and valuation upside for the company
MAN WAH HLDGS rose over 3%, as of the time of writing, it rose 2.39% to HKD 4.71, with a transaction volume of HKD 30.6354 million. On the news front, UBS Group AG released a research report indicating that the ongoing weakness in the domestic real estate market has been fully reflected in the stock price of MAN WAH HLDGS. Additionally, with interest rates being lowered, demand in the U.S. may increase. On the other hand, although tariffs bring uncertainty, they may also create opportunities for market share growth, leading the firm to turn optimistic about MAN WAH HLDGS. The firm raised its earnings per share forecasts for the fiscal years 2026 to 2028 by 12%, 9%, and 11%, respectively, believing that negative factors have been reflected, and the current valuation is depressed. Even if the turning point in the Chinese market may take longer to occur, it is expected that the weakness in the domestic housing market will not lead to a downward revaluation, as the U.S. rate cuts will bring upward potential for fundamentals and valuations
According to Zhitong Finance APP, MAN WAH HLDGS (01999) rose over 3%, and as of the time of writing, it increased by 2.39%, trading at HKD 4.71, with a transaction volume of HKD 30.6354 million.
In terms of news, UBS Group AG released a research report indicating that the ongoing weakness in the domestic real estate market has been fully reflected in the stock price of MAN WAH HLDGS. Additionally, with interest rates being lowered, demand in the United States may increase. On the other hand, although tariffs bring uncertainty, they may also create opportunities for market share growth. Therefore, the bank has turned optimistic about MAN WAH HLDGS. The bank raised its earnings per share forecasts for the fiscal years 2026 to 2028 by 12%, 9%, and 11%, respectively, believing that negative factors have been reflected in the stock price. Currently, the valuation is low, and even if the turning point in the Chinese market may take longer to occur, it is expected that the weakness in the domestic housing market will not lead to a downward revaluation. The expected interest rate cuts in the U.S. will provide upward potential for fundamentals and valuations
