Mainland’s Guiyang Nanming Laoganma and Hubei Zhouheiya Gaining Ground in Hong Kong Market

New statistics are suggesting a group of quality brands from the Chinese mainland are gaining popularity in the Hong Kong market. Boosted by a project supporting quality brands launched by Tmall, Alibaba’s online shopping platform, some 100 mainland brands have seen a sales increase of over 30 percent in Hong Kong…Full Article: Oct 2017

Sauce Maker Lee Kum Kee Reflects on the 20th Anniversary of Hong Kong’s Return to the Mainland

At the newly furnished headquarters at a high-rise building in Shanghai, Hong Kong-based sauce enterprise Lee Kum Kee is celebrating the 20th anniversary of Hong Kong’s formal return to China. The book Family Spirit, which traces the company’s past from a teahouse selling oyster sauce in a small town in Guangdong Province to a sauce

Former Employee Arrested Over Divulging Secret Recipe of a Famous Chinese Chili Sauce

A former employee has been detained by police on suspicion of disclosing the secret of China’s best-known hot sauce Laoganma to another producer in southwestern Guiyang, Southwest China’s Guizhou province. The man surnamed Jia was seized after a three month police investigation and now faces criminal charges in a case that involves tens of millions

Sichuan Haidilao Catering to List its Soup Sauce and Seasoning Spinoff Company on the Hong Kong Stock Exchange

China’s largest hotpot chain Sichuan Haidilao Catering Co is planning to list its seasoning spinoff business on the Hong Kong Stock Exchange. Even though Yihai International Holding Ltd-the spinoff-has not yet announced any details, its prospectus notes that the financing will be used to build its production base in Bazhou in Hebei province, make strategic

Leading Chinese Manufacturer of Cooking & Dipping Sauces Loses Major Shareholder

China Food Company Plc, the leading Chinese manufacturer of cooking and dipping sauces, announces that on 14 January 2013 Hana Mulsan Co., Ltd (“Hana Mulsan”), one of the Company’s major shareholders with 12.3% of the issued share capital, sold its entire stake of 8,809,195 Ordinary Shares. These Ordinary Shares have been successfully placed in full