Sanrio ties up with honk Kong trader Li & Fung
Character creator Sanrio Co. said Friday it has tied up with Hong Kong trader Li & Fung to accelerate its overseas expansion.
Hong Kong business tycoon Li Ka-shing, chairman of Cheung Kong Ltd, raised his stake in Cheung Kong to 41.50% from the previous 41.47%, according to a statement the property developer filed with the Hong Kong Stock Exchange.