Hong Kong, March 23, 2015 -- Moody's Investors Service says that Li & Fung Limited's (Baa1 stable) operating results for the year ended 31 December 2014 were weaker than expected and had a negative impact on its credit profile. However, the company's cash generation and liquidity continue to support its Baa1 issuer rating, the Baa3 rating on the perpetual securities, and stable rating outlook.

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