HK Stock Market Move | FAR INTL (02516) fell more than 11% in intraday trading, planning to participate in the acquisition of COPE Holding and other shares to cope with changes in trade tariff policies.

FAR INTL (02516) fell more than 11% intraday, as of press time, down 10.29% to HK$1.22, with a turnover of HK$11.5678 million. In terms of news, FAR INTL announced that on January 20, 2026, the company entered into an agreement with the seller to conditionally acquire all the shares of COPE Holding, subscribe to 690 new ordinary shares of COPE, and acquire all the shares of Hyperlining Holding from Ms. An. The total consideration for the transfer of shares and new shares is $15.777 million. Following the completion of the transaction, the company will become the sole shareholder of COPE Holding and Hyperlining Holding, holding 44.55% equity interest in COPE through COPE Holding and Hyperlining Holding, while the company's wholly-owned subsidiary FAR Luxembourg Holdings Sarl will directly hold a 6.45% equity interest in COPE. This transaction is aimed at actively responding to changes in U.S. trade and tariff policies (especially adjustments to the small parcel tariff exemption scheme) which have had a significant impact on the cross-border e-commerce logistics industry. The company's business focuses on the U.S. market and small parcel logistics, facing challenges in the current environment. Through this investment, the company will strengthen its warehousing and last-mile delivery capabilities in the U.S., building a complete end-to-end domestic fulfillment capability.