On its technical front, C&H completion to trigger price for further advancement towards rising channel resistance seen at HKD16.90 as of today, while immediate support (S1) stays at HKD16.25 for the near term. Price last closed at HKD16.55 on 24-Mar-2006.
Saturday, March 25, 2006
Li & Fung is a premier global trading group managing the supply chain for high-volume, time-sensitive consumer goods. Garments make up a large part of the Li & Fung business which also covers the sourcing of hardgoods such as fashion accessories, furnishings, gifts, handicrafts, home products, promotional merchandise, toys, sporting goods and travel goods.