On Tuesday, Zhong-controlled consumer goods giant Nongfu Spring floated an IPO on Hong Kong Stock Exchange with the issue price of HK$21.5. The stock opened at HK$39.8 on its debut day due to strong demand, implying the market valuation of HK$445.2 billion (about US$57.9 billion) and sen...
Zhong Shanshan, the chairman of Nongfu Spring Company, attends the Nongfu Spring new product launch conference on Feb 1, 2015 in Baishan, Jilin province of China. (PHOTO / BLOOMBERG) Zhong Shanshan is a private billionaire who’s rarely quoted in the press. Now, after an improbable career sp...
Figure 91: Yili was the most consumers reached FMCG brand in 2018 Ranking 1 2 3 4 5 6 7 8 9 10 Brand Yili Mengniu Tingyi Haitian Want Want Shuanghui Bright Dairy Liby Nongfu Spring Uni-President No. of consumers 1,275 1,053 850 520 453 430 388 384 368 361 Growth (%) 5.1 1.4 (...
China Resources Materials (301090.SZ): has business dealings with Nongfu Spring. On October 22, Glonhui reported that China Resources Materials (301090.SZ) stated on the investor interaction platform that the company has business dealings with Nongfu Spring, Coca-Cola, Ding Jin, Wahaha, Evian, ...
China National Offshore Oil Corporation's stock price fell today after one of the country's three oil giants said profit dropped 10.2 percent in the first three quarters of this year from a year ago despite increasing production but amid falling oil prices. Net profit was 97.6 billion yuan in...
China National Offshore Oil Corporation's stock price fell today after one of the country's three oil giants said profit dropped 10.2 percent in the first three quarters of this year from a year ago despite increasing production but amid falling oil prices. Net profit was 97.6 billion yuan in...
China's three richest people remain unchanged in 2022, with Nongfu Spring CEO Zhong Shanshan topping the list for the second time with 455 billion yuan, followed by TikTok founder Zhang Yiming and CATL founder Zeng Yuqun, according to the China Rich List conducted by the Hurun Research Institut...
Zhong's main business Nongfu Spring saw its share price down 40% whilst Wantai BioPharm was up. Nongfu Spring made the Top 20 of the Hurun China 500 Most Valuable Private Companies 2023. Pony Ma Huateng, 53, down one place to third with US$44.4bn, up 13%. Tencent ranked 2nd on the...
China's three richest people remain unchanged in 2022, with Nongfu Spring CEO Zhong Shanshan topping the list for the second time with 455 billion yuan, followed by TikTok founder Zhang Yiming and CATL founder Zeng Yuqun, according to the China Rich List conducted by the Hurun Research Institut...
A list of holdings for FXI (iShares China Large-Cap ETF) with details about each stock and its percentage weighting in the ETF.