News: Li & Fung Ltd (0494.HK)

0494.HK on Hong Kong Stock

10.28HKD
22 Jul 2014
Price Change (% chg)

HK$0.06 (+0.59%)
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HK$10.22
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Thu, May 15 2014

Li & Fung says factories of some suppliers in Vietnam damaged in protests

HONG KONG, May 15 - Global exporter Li & Fung said on Thursday the factory facilities of some of its suppliers in Vietnam had been damaged in anti-China protests that have seen thousands of Vietnamese set fire to foreign factories in the south of the country.

Li & Fung says some of its suppliers in Vietnam halt production

HONG KONG, May 14 - Global exporter Li & Fung said on Wednesday that some of its suppliers in Vietnam had suspended production amid anti-China protests over a disputed area in the South China Sea.

BRIEF-MDXhealth signs co-marketing agreement with Long Island pathology

* Has entered into a co-marketing agreement with LI path (long island pathology, inc.) to promote MDXhealth's confirmmdx for prostate cancer test

Update-Moody's:Li & Fung's announced spin-off will stabilize financial performance

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Shanghai shares have best day in four months, lifting Hong Kong

* CSI300 has biggest gain in 6 months on preferred shares policy

Hong Kong shares rise; led by Li & Fung, property

HONG KONG, March 21 - Hong Kong shares ended up, lifted by a rally in Chinese shares in the afternoon session on gains led by Li & Fung and the property sector.

Hong Kong shares edge up, China stocks produce stronger gains

* Li & Fung up 16.7 percent on good earnings (Updates to midday)

Li & Fung shares surge 19 percent on upbeat earnings, spin-off plan

HONG KONG - Shares of global sourcing firm Li & Fung Ltd jumped to their highest in more than a year on Friday as investors cheered better-than-expected earnings and focused on a new three-year plan that includes spinning off its brands and licences unit.

UPDATE 2-Li & Fung says aims to spin off brands in HK as profit beats forecasts

* Intends to achieve over 2 times 2013 core operating profit

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