Li & Fung was founded against a backdrop of great change in China. Fung Pak-liu, an English teacher, and Li To-ming, a merchant, established Li & Fung in 1906 as one of the first companies financed solely by Chinese capital to export to the West. This two-person startup initially focused on trading porcelain and silk from China before diversifying into bamboo and rattan ware, jade and other handicrafts. With the war in China intensifying, Fung Hon-chu, grandfather of our current CEO, moved from Guangzhou to Hong Kong to set up Li & Fung’s first overseas branch, a small 12-person team in Central.
Li and Fung North America Address
11th Floor, Lifung Tower New York, NY United States