Li & Fung is a Hong Kong-based supply chain manager primarily for US and EU brands, department stores, hypermarkets, specialty stores, catalogue-led companies, and e-commerce sites. It acts as an intermediary between its clients and suppliers, many of which are located in Asia. The company provides services such as product design and development, raw material sourcing, factory selection and management, production planning and management, quality assurance and export documentation, and shipping consolidation. Li & Fung has been listed on the Hong Kong Stock Exchange since 1992.