HONG KONG — China’s online nationalists have found the latest target for their ire: Nongfu Spring, the Hangzhou-based bottled water and soft drinks giant whose founder, Zhong Shanshan, is the country’s wealthiest person.
Nongfu Spring’s Hong Kong shares plunged for three consecutive days — wiping off around 30 billion yuan ($4 billion) in market cap — and reached a new low last week since late January as internet users heaped criticism on the company for, including other things, being “pro-Japan.”
_2048x1152.jpg?width=1260&height=630&fit=cover&gravity=faces&source=nar-cms)
