Wahaha CEO's bank account frozen in HK


The Hong Kong High Court has frozen a bank account containing US$1.8bil amid a legal battle over the inheritance of the Zong Qinghou, late founder of China's leading beverage giant Hangzhou Wahaha Group.

The defendant in the case is Zong's daughter and current Wahaha CEO Kelly Zong Fuli, who has been sued by Zong's three other children.

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