HK Stock Market Move | MAN WAH Holdings (01999) rises more than 3%. Institutions believe that with the US interest rate cut, it will bring about fundamental and valuation upside for the company.

MAN WAH HLDGS (01999) rose more than 3%, as of the time of publication, it increased by 2.39% to 4.71 Hong Kong dollars, with a turnover of 30.6354 million Hong Kong dollars. On the news front, UBS released a research report pointing out that the continuous weakness in the domestic real estate sector has been fully reflected in the stock price of MAN WAH HLDGS. With the interest rate cut, the demand in the United States may increase. On the other hand, although tariffs bring uncertainty, it may also create opportunities for market share growth. Therefore, the bank now has a positive outlook on MAN WAH HLDGS. The bank raised its earnings forecast for the fiscal years 2026 to 2028 by 12%, 9%, and 11% respectively, believing that the negative factors have been reflected and the current valuation is depressed. Even if a turning point in the Chinese market may take longer to occur, the expected weakness in the domestic real estate market will not lead to a downward revaluation. With the interest rate cuts in the United States, there will be room for fundamental and valuation upside.