Nongfu Spring founder casts spotlight on destructive price wars plaguing China
Billionaire Zhong Shanshan blamed low-cost e-commerce platform Pinduoduo, as well as short-video site Douyin, for the cutthroat competition Key Takeaways: Nongfu Spring has criticized China’s cutthroat price wars, even as…
China Resources Beverage pumps up water fight with market leader
The maker of C'estbon bottled water has reportedly been approved for a Hong Kong lPO, as its battle for industry dominance with Nongfu heats up Key Takeaways: China Resources Beverage…
Nongfu Spring lands in deep water as price war intensifies
The bottled water giant has waded through a series of online controversies this year, most recently a disputed report about chemical residue in one of its products Key Takeaways: Hong…
CHINA BULLETIN: Bring on the Equipment Upgrades, Says Beijing
In this week’s issue spying cranes, a TikTok sale and a meaty IPO. On a scale of 1 to 100, we give the week a 60 for offshore-listed China stocks.…
Nongfu Spring makes major new investment amid profit pressures
China’s leading bottled water producer has attracted investor attention for its high profit margins, but also caution over its highly priced shares Key Takeaways: Nongfu Spring will invest 5 billion…
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