Closure Of More Than 40 North American Toy Giant Hong Kong Business Group Alliance Debt Collection

Since KBToys filed for bankruptcy protection after it was reported that Li & Fung may therefore suffer 27.2 million U.S

. dollars (2.1 billion) loss, the day news broke, Li & Fung shares once crashed into a nosedive, a half, then issue a notice of clarification in Li & Fung KBToys incident involving risk only about 500 million (about 3900 million), mainly for the commission payment is not received. The Li & Fung last Friday closed at 14.04 yuan, rose 5.7%.

Closure Of More Than 40 North American Toy Giant Hong Kong Business Group Alliance Debt Collection

By: dpdo

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