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United Kingdom

LI & Fung Ltd (0494.HK)

0494.HK on Hong Kong Stock

3.40HKD
23 May 2018
Change (% chg)

HK$-0.15 (-4.23%)
Prev Close
HK$3.55
Open
HK$3.62
Day's High
HK$3.62
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HK$3.39
Volume
32,122,230
Avg. Vol
20,797,447
52-wk High
HK$4.47
52-wk Low
HK$2.75

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Thu, Mar 22 2018

UPDATE 1-HK's Li & Fung 2017 profit from continuing operations up, logistics grows

HONG KONG, March 22 Hong Kong's Li & Fung Ltd , which supplies clothing and other products to retailers worldwide, said on Thursday its 2017 profit from continuing operations rose 6.5 percent amid growth in its supply chain solutions and logistics businesses.

HK's Li & Fung set to open up 6.6 percent on $1.1 billion divestment

HONG KONG Shares of Li & Fung Ltd were set to open up 6.6 percent on Friday after the global exporter said it would divest its furniture, beauty and sweaters businesses for $1.1 billion.

HK's Li & Fung to sell furniture, beauty, sweaters businesses for $1.1 billion

HONG KONG Hong Kong's Li & Fung Ltd said it would divest its furniture, beauty and sweaters businesses for $1.1 billion (£0.9 billion) to a consortium backed by private equity firm Hony Capital, a deal that is expected to trigger net loss in 2017.

HK's Li & Fung to sell furniture, beauty, sweaters businesses for $1.1 bln

HONG KONG, Dec 14 Hong Kong's Li & Fung Ltd said it would divest its furniture, beauty and sweaters businesses for $1.1 billion to a consortium backed by private equity firm Hony Capital, a deal that is expected to trigger net loss in 2017.

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