Hong Kong Consumer Council Issues Apology to $48 Billion China Bottled Water Giant Nongfu Spring for Misclassifying Nongfu Products & Claiming Products Hit European Union Limit for Bromate Content
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more
2025 Summits in Hong Kong & Singapore
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register
This site is for accredited investors, professional investors, investment managers and financial professionals only.
You should have assets around $3 million to $300 million or managing $20 million to $30 billion.
Hong Kong Consumer Council Issues Apology to $48 Billion China Bottled Water Giant Nongfu Spring for Misclassifying Nongfu Products & Claiming Products Hit European Union Limit for Bromate Content
19th July 2024 | Hong Kong
Hong Kong Consumer Council has issued an apology to $48 billion (market value) China bottled water giant Nongfu Spring for misclassifying Nongfu products, and claiming the products hit European Union (EU) limit for bromate content (water sample). In 2024 March, Nongfu Spring founder Zhong Shanshan remained as China richest in 2023 for the 4th straight year with $62 billion fortune, and is ranked 21st richest in the world.
“ Hong Kong Consumer Council Issues Apology to $48 Billion China Bottled Water Giant Nongfu Spring for Misclassifying Nongfu Products & Claiming Products Hit European Union Limit for Bromate Content “
The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here
The 2025 Family Office Summit10th April & 16th Oct Hong Kong Ritz Carlton | 24th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here
2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here
China Bottled Water Giant Nongfu Spring Founder Zhong Shanshan Remains as China Richest in 2023 for 4th Straight Year with $62 Billion Fortune & Ranked 21st Richest in the World, 814 Billionaires in China in 2023, 800 Billionaires in United States, Total of 3,729 Billionaires in the World with Combined $15 Trillion Wealth in 2023
Nongfu Spring Zhong Shanshan
30th March 2024 – China bottled water giant Nongfu Spring founderZhong Shanshan has remained as China richest in 2023 for 4th straight year with $62 billion fortune, and is ranked 21st richest in the world. There are 814 billionaires in China in 2023, 800 billionaires in United States, and total of 3,729 billionaires in the world with combined $15 trillion wealth in 2023. Founded in 1996, Nongfu Spring is China’s largest packaging water supplier, holding the number one spot for market share and is one of the top 20 beverage companies in China.
Zhong Shanshan, Founder, Chairman of the Board, General Manager
Mr. Zhong Shanshan was born in 1954. He founded Nongfu Spring in September 1996, acts as the Chairman of the Board, Executive Director and General Manager of the Company, as well as the Chairman of the Nomination Committee and a member of the Remuneration Committee of the Board of the Company. Mr. Zhong Shanshan is responsible for overall development strategies, business plans and major operational decisions of the Company and direct management of brands and human resources, etc. Prior to the establishment of the Company, Mr. Zhong Shanshan founded Yangshengtang in March 1993 and currently acts as the Chairman of Yangshengtang. Mr. Zhong Shanshan has nearly 30 years of extensive experience in the food and soft beverage industry.
Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.
Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more. List hard-to-find financial & private wealth services.
Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?
The leading financial platform covering capital market, investments, private wealth & family office in Asia. For top investment professionals, advisors, investors, business leaders. Join 11,000+ top investment professionals, institutional investors, professional investors & advisors. Our users typically manage $20 million to $30 billion of assets, invest $3 million to $300 million, or advise institutions, billionaires, UHNWs & HNWs.
Caproasia.com | Newsletter Daily 2 pm | Caproasia Access | The Financial Centre | Family Office Circle | Family Office Summit | Investment Day | Investment, Risk & Wealth Intelligence | Latest News | Reports | Insights | Subscription | Membership & more
” Intelligence at your fingertips. Find useful info & services. Time lost is never found. Take advantage of big investment opportunities. Avoid fraud, fines, & jail. Manage your risks. “
“Save 4 to 6 hours a week. Insights, Reports & Top Headlines every Sat & Sun at 2 pm. Organized & Summarised “
” $300 million & $1 billion deals & fortune. Tracking the most relevant & useful. Deploy your investments & manage your risks wisely “
Register / Sign Up / Subscribe:
2025 Upcoming Events
> The 2025 Investment Day Hong Kong – July / Sept / Oct
> The 2025 Investment Day Singapore – July / Sept / Nov
> The 2025 Family Office Summit Hong Kong – Oct
> The 2025 Family Office Summit Singapore – Nov
Caproasia Subscription – To Your Inbox
> Subscription – $180 | $680 | $2,000 Per Year (Monthly available)
> Membership – $60 | $ 680 | $2,000 Per Year (Monthly available)