Edition:
United States

Li & Fung Ltd (0494.HK)

0494.HK on Hong Kong Stock

3.71HKD
24 Mar 2017
Change (% chg)

HK$0.00 (+0.00%)
Prev Close
HK$3.71
Open
HK$3.72
Day's High
HK$3.72
Day's Low
HK$3.66
Volume
14,492,532
Avg. Vol
36,300,677
52-wk High
HK$5.15
52-wk Low
HK$3.24

Latest Key Developments (Source: Significant Developments)

PVH Corp, Li & Fung Ltd form new strategic supply chain partnership
Thursday, 23 Mar 2017 10:42pm EDT 

Pvh Corp : PVH Corp. And Li & Fung Limited form new strategic supply chain partnership . Says agreements provide for cessation of existing non-exclusive buying agency agreement between cos . Says agreements also provide for cessation of existing non-exclusive buying agency agreement between cos .Transaction is expected to close on July 1, 2017; new supply chain relationship is expected to be mutually beneficial to both cos.  Full Article

Li and Fung says HY profit attributable to shareholders of US$ 72 mln vs US$ 149.0 mln<0494.HK>
Thursday, 25 Aug 2016 04:34am EDT 

Li & Fung Ltd <0494.HK>: HY profit attributable to shareholders of US$ 72 million versus US$ 149.0 million . HY revenue of US$ 8.07 billion versus US$ 8.63 billion . We expect the rest of 2016 to remain challenging" . Global retail market continues to struggle with soft consumer demand and geopolitical instability will weigh on consumer sentiment" . Says board has resolved to declare an interim dividend of 11 hk cents . Expect highly promotional activities and deflationary environment will continue" . Trading volume will be under pressure given brands and retailers are transitioning through a destocking cycle" .  Full Article

Global Logistic Properties signed new leases in China<0494.HK>
Monday, 25 Jul 2016 06:13am EDT 

Global Logistic Properties Ltd : News release - growth of organized retail drives demand for glp's warehouses in China) . Says signed new leases totaling 61,000 square meters with three companies in China, including lf logistics, a Li & Fung Company .  Full Article

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BRIEF-PVH Corp, Li & Fung Ltd form new strategic supply chain partnership

* PVH Corp. And Li & Fung Limited form new strategic supply chain partnership