Campaign details
Advertiser: Man Wah HoldingsBrand: Man Wah HoldingsAgency: Strategic Public Relations GroupCountry: China
Background
Man Wah Holdings Limited ("Man Wah"), a reclining sofa manufacturing group and owner of the renowned "CHEERS" reclining sofa brand, has been outperforming its peers and emerging as a rising star in the Hong Kong stock market for a number of years. Its rapid sales growth and "too good to be true" financial performance caught the attention of Muddy Waters Research ("MWR"), a short-seller which has solid track record of knocking down problematic companies successfully in the past....