ESG, Food and beverage / 18.09.2020
Bottled water in China: Nongfu IPO success, but what about its sustainability from an ESG perspective?
The IPO of Nongfu Spring, a bottled water brand in mainland China, broke the record of the subscription capital of HKEX on September 8, 2020: it was 1,147 times oversubscribed by more than 700 thousand investors. The listing made the owner of the brand, Zhong...