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Li & Fung Ltd (0494.HK)

0494.HK on Hong Kong Stock

22 Feb 2017
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Fri, Feb 10 2017

Geely Automobile to join Hang Seng Index, Li & Fung to be removed

HONG KONG, Feb 10 Hong Kong's stock index compiler said on Friday that shares in Geely Automobile Holdings Ltd will become a constituent of the Hang Seng Index , while Li & Fung Ltd will be removed from the benchmark.

BRIEF-UGE International Ltd announces sale of wind subsidiaries

* UGE International Ltd announces sale of wind subsidiaries and results of its 2016 annual and special meeting of shareholders

UPDATE 1-HK's Li & Fung net profit halves to lowest in over a decade

* Analysts concerned that profitability threatened (Adds context)

HK's Li & Fung profit more than halves in first half

HONG KONG, Aug 25 Global exporter Li & Fung Ltd on Thursday said its first-half profit fell 51 percent as price deflation and competition affected its main U.S. market, while the weak Chinese currency continued to hit its trading business.

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