Kader Holdings is the latest Hong Kong toy maker to see its share price surge amid the craze for all things to do with the new Star Wars movie.
Kader's shares finished 7.59 per cent stronger yesterday at 42.5 cents, a year high and a long way from its price range of 17 to 20 cents since September last year.
The company's stock began rising on May 15, just days before the new Star Wars movie debuted in the United States. Thousands are queueing outside toy stores in the US for merchandising products.
'Yes, I can confirm we are [making Star Wars toys],' Kader director William Li said yesterday. 'It's electrical toys and we have several others under negotiation but are not concluded.
'There will be noticeable growth in turnover for 1999.' Kader is making the electrical toys for a subsidiary of Hasbro Inc.