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Singapore business dynasty has Vitasoy in its sights

The Hong Kong beverage brand has been recovering from a sales slump in mainland China, but its founding family could now face a takeover challenge.

This article only represents the author's own views.

Three years after surviving an existential crisis, Hong Kong drinks maker Vitasoy International Holdings Ltd. (0345.HK) could be facing another pivotal moment in its corporate history.

The soymilk producer became embroiled in a politically charged scandal in 2021 after one of its workers stabbed a Hong Kong policeman. An ensuing storm on Chinese social media led to a consumer boycott that took a heavy toll on sales and battered the firm’s share price.

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詠竹坊(官網鏈接)提供在香港和美國上市的中國企業相關新聞,重點關注中小企業和籌備上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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