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Li & Fung Ltd

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  • HONG KONG, March 21- Singapore state investor Temasek Holdings has agreed to buy just under a quarter of health and beauty retailer A.S. Watson for about $5.7 billion in what would be its single biggest investment and one that would boost its exposure to Asia's fast growing consumer sector.

  • *Li& Fung up 21.2 percent on good earnings. HONG KONG/ SHANGHAI, March 21- Chinese shares rallied on Friday, led by banks and property shares, amid speculation the country's securities regulator would reveal details of a preferred pilot scheme and news of looser finance restrictions for developers.

  • 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. The China Enterprises Index of the top Chinese listings in Hong Kong rose 2.44 percent on the day and 1.4 percent for the week, its largest weekly gain in five weeks.

  • *Li& Fung up 16.7 percent on good earnings. HONG KONG/ SHANGHAI, March 21- Hong Kong shares edged higher on Friday, helped by strong gains from Li& Fung after solid earnings, but investors remained bearish on the Chinese economy.

  • Jan 12- Li& Fung Ltd plans to launch a unit that consults on factory safety in the aftermath of a 2012 fire in a garment plant in Bangladesh that killed 112 workers, the Wall Street Journal reported on Sunday.

  • Hong Kong shares edge up 0.1 pct, Li & Fung soars Tuesday, 7 Jan 2014 | 3:08 AM ET

    HONG KONG, Jan 7- Hong Kong's Hang Seng Index rose fractionally on Tuesday, helped by surge of nearly 10 percent for exporter Li& Fung, but weakness in the mainland banking sector meant the H-share index still hasn't had a gain in 2014..

  • *Li& Fung spikes after it says 2013 performance' solid'. HONG KONG, Jan 7- Strength in the shares of exporter Li& Fung and China- focused footwear retailers helped secure a slim gain for Hong Kong's benchmark index early on Tuesday, while mainland Chinese markets moved off five-month lows in muted volumes.

  • HONG KONG, Dec 9- China shares reversed gains early on Monday, helping unwind a fast start to the week in Hong Kong markets as China's robust November exports and benign inflation prompted some short covering in growth-sensitive counters offshore.

  • Bribery and bureaucracy seen as winners if WTO deal dies Wednesday, 27 Nov 2013 | 12:17 PM ET

    GENEVA, Nov 27- Barring a last-minute deal by ministers next week, the latest round of world trade talks look set to fail, but unlike past liberalisation battles, few people are cheering.

  • The mysterious Asian middleman behind your clothes Thursday, 8 Aug 2013 | 2:22 PM ET
    Demonstrators stand outside of the Li Fung tower in Hong Kong as they protest over what they say are unpaid wages owed to textile workers in Turkey by Li and Fung and garment brand Esprit.

    Li & Fung has long been on the cutting edge of globalization, chasing cheap labor to garment factories first in China, then elsewhere in Asia, including Bangladesh.

  • Nikkei Soars 5% After Upwards Growth Revision Monday, 10 Jun 2013 | 2:00 AM ET

    Asian stocks rose on Monday with Japan's benchmark Nikkei rebounding on the back of a strong gross domestic product (GDP) revision and a weaker yen.

  • EU Mulls Trade Action on Bangladesh After Disaster Wednesday, 1 May 2013 | 12:11 AM ET
    Rescuers at the scene after the Bangladesh building collapse in April.

    The European Union voiced strong concern over labor conditions in Bangladesh after a building collapse there killed hundreds of factory workers, and said it was considering action to encourage improvements.

  • Why Li & Fung Shares Are Rallying     Thursday, 21 Mar 2013 | 10:33 PM ET

    Shares of the world's largest supplier of clothes and toys to retailers, Li & Fung, rallied 4 percent despite posting a lower operating profit. Jackson Wong of Tanrich Securities explains why.

  • Japan's Nikkei Hits 32-Month High; Asia Slips Tuesday, 15 Jan 2013 | 5:11 AM ET

    Japanese shares surged to multi-year highs on Tuesday on rising expectations that strong political pressure will prompt the Bank of Japan to deliver bold monetary easing measures. Meanwhile, other Asian stock markets struggled as gains were capped on earnings caution.

  • Asia Posts Modest Gains, Led by China Stocks Monday, 14 Jan 2013 | 5:10 AM ET

    Asian stocks ended slightly higher on Monday, helped by a 3 percent boost in mainland Chinese shares but trading volume remained light with Japanese financial markets shut for a public holiday.

  • Li & Fung's Shares Dive 16% on Profit Warning Sunday, 13 Jan 2013 | 11:34 PM ET

    Shares of Li & Fung fell 16 percent to a three-month low after the global supply chain manager warned of a steep drop in core operating profit, taking investors by surprise and triggering concern over its ability to reach a three-year earnings target.

  • Stocks in 60 Seconds: Li & Fung     Sunday, 13 Jan 2013 | 10:20 PM ET

    CNBC's Adam Bakhtiar takes on the daily challenge of 'Stock in 60', and looks at shares of Li & Fung, which dived 16% after the exporter warned of a steep drop in operating profit.

  • Asia Lower on Fed Minutes; Nikkei Up 2.8% Friday, 4 Jan 2013 | 5:05 AM ET

    Asian shares ended mostly lower on Friday, tracking overnight weakness in global equities after several Fed officials expressed concerns about continuing to expand stimulative bond buying. But, Japanese stocks surged as the market played catch-up with the region on its first trading day of 2013.

  • Appetite for Bonds Sours as Asia Investors Get Burned Tuesday, 18 Dec 2012 | 6:56 PM ET

    Asia's wealthiest investors may lose some of their appetite for corporate bonds after getting burned in recent deals, analysts and bankers say, sowing caution in a market where issuance hit a record this year and hiking funding costs for riskier borrowers.

  • PRESS DIGEST - Hong Kong - Oct 10 Tuesday, 9 Oct 2012 | 9:45 PM ET

    HONG KONG, Oct 10- These are some of the leading stories in Hong Kong newspapers on Wednesday. --China Galaxy Securities is set to include additional bookrunners in its dual listing in Hong Kong and Shanghai that could raise more than $1 billion as soon as the first quarter of next year, according to people familiar with the situation.

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