Zong Qinghou

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Kelly Zong steps down as Wahaha chief amid bitter inheritance feud

Kelly Zong Fuli, daughter of the late Chinese soft drinks billionaire Zong Qinghou, has stepped down as legal representative, chairwoman…

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New Business

Exclusive | Goldman Sachs champions legacy planning as US$6.1 trillion wealth transfer looms in Asia

Goldman Sachs is pushing legacy planning in Asia, including succession and philanthropy, as family offices boom and family-owned businesses continue…

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New Business

Hong Kong court freezes US$1.8 billion HSBC account as Wahaha inheritance battle unfolds

A Hong Kong court has formally frozen an HSBC account at the heart of a high-stakes lawsuit that pits three…

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New Business

Explainer | Why family feud at Wahaha is no laughing matter for China businesses

Zong Qinghou, the late founder of China’s biggest soft drinks bottler Hangzhou Wahaha Group, became the talk of the nation…

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New Business

Wahaha heiress Kelly Zong’s inheritance battle puts Chinese family firms in spotlight

Kelly Zong Fuli, chairwoman and CEO of mainland China’s largest soft-drinks producer Hangzhou Wahaha Group, is embroiled in a wealth-inheritance…

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New Business

Wahaha heiress Kelly Zong Fuli back steering Chinese drinks giant after ‘shock’ quit move

An SOE run by the Shangcheng district government of Hangzhou, the city in Zhejiang province where the firm is headquartered,…

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New Business

Wahaha heiress Kelly Zong Fuli quits Chinese drinks giant 5 months after founder’s death

Kelly Zong Fuli has tendered her resignation as vice-chair and general manager of China’s Hangzhou Wahaha Group, according to an…

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