Supply Chain Management
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*Li& Fung lifted by UBS upgrade, chairman's comments. HONG KONG, May 15- Hong Kong stocks rebounded from a one-week low on Wednesday with a 7 percent surge in shares of top supply chain manager Li& Fung after its chairman said he expected earnings to rise to 2011 levels while UBS upgraded the stock.
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HONG KONG, May 15- Hong Kong shares are poised to start higher on Wednesday, with index gains buoyed by a 6 percent jump for supply chain manager Li& Fung after its chairman was reported to have said earnings this year will rebound to 2011 levels. The Hang Seng Index was set to open up 0.6 percent at 23,074.3.
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HONG KONG, March 21- Global supply chain manager Li& Fung cut by almost half its 2013 operating profit target and said on Thursday it would focus on acquiring key brands to fuel growth.
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HONG KONG, March 11- Hong Kong shares were set to start higher on Monday, helped by a 2 percent rise for global supply chain manager Li& Fung after a positive U.S. payrolls report late last week. The Hang Seng Index was set to open up 0.2 percent at 23,131.4. The China Enterprises Index of the top Chinese listings in Hong Kong was indicated to start up 0.3 percent.
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Oscar De Bok, CEO for South & Southeast Asia at DHL Supply Chain, talks to CNBC on how the firm is planning to expand its footprint in Indonesia through staff and fleet expansion.
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John Sculley, Partner at Sculley Brothers and former CEO at Apple, says investors may be treating Apple's stock unfairly.
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BOC Aviation, the aircraft leasing arm of Bank of China, has placed its largest ever order to buy 50 A320 family jets from Airbus at a list price of $5 billion.