According to foreign news sources, Li & Fung (00494) under the men's clothing retailer Libang, is scheduled to be listed in early next month raised 100 million US dollars. Foreign quoted sales documents that Libang will issue 451,900,000 shares, of which 60% of the new shares, 30% of the old shares; 10% of the shares issued in Hong Kong for sale. The fundraising proceeds will be used to expand and acquire brands, repay loans, expand retail network and general working capital. Libang will be 21 to 27 this month, a prospectus, listed on the Main Board on the 3rd of next month.