Zhong Shanshan, the 65-year-old founder and controlling shareholder of Nongfu Spring, in an undated photo. Photo: WEIBO
Hong Kong’s most overbought IPO Nongfu Spring gushes on debut, pushing founder to among China’s newly minted billionaires
- Company’s shares surged 85 per cent in early trading from IPO price of HK$21.50
- Debut made Nongfu founder Zhong Shanshan one of China’s richest people
Zhong Shanshan, the 65-year-old founder and controlling shareholder of Nongfu Spring, in an undated photo. Photo: WEIBO
