Cao LiPublished: 8:30pm, 27 Nov 2025Kelly Zong Fuli, daughter of the late Chinese soft drinks billionaire Zong Qinghou, has stepped down as legal representative, chairwoman and general manager of Wahaha Group, a year after taking over. Zong was succeeded by Xu Simin, formerly the head of the legal »»»

HONG KONG, Aug 2 — A Hong Kong court issued a freeze order on an HSBC bank account involved in an inheritance dispute involving the children of the late beverage magnate Zong Qinghou. Qinghou is the founder of ‘China’s Coca-Cola’ — the Chinese beverage giant Hangzhou Wahaha Group. The current CEO K»»»