Jump in hottest HK IPO makes founder mainland’s 2nd richest Hong Kong


Source: chinadailyhk.com chinadailyhk.com

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Jump in hottest HK IPO makes founder mainland's 2nd richest By Bloomberg Tuesday, September 08, 2020, 13:12 By Bloomberg Zhong Shanshan, chairman of Nongfu Spring Company, attends the company's new product launch conference in Baishan, Jilin province, on Feb 1, 2015. (JIANG XIN / VCG VIA GETTY IMAGES / BLOOMBERG) It was the hottest IPO in town. Now Nongfu Spring Co’s stock surge is turning its founder into the Chinese mainland's second-richest person. Shares of Nongfu Spring Co jumped as much as 85 percent, on pace to become the city’s fourth-best IPO on record among firms raising more than US$1...