Victor Fung Kwok-king, the chairman of Fung Group, says people’s tastes around the world have become more diversified and they are willing to try new things. Photo: Denise Tsang

Hong Kong’s Fung Group restores historic Hamada soy sauce factory in Japan, aims to grow condiments venture into business worth up to US$1 billion

  • With the 200-year-old factory restored and a string of acquisitions, Victor Fung is looking to conquer the global condiments market through his Heritage Foods group
  • In Hong Kong, a 500ml bottle of soy sauce fermented for 180 days is sold for about US$6, while Hamada ferments its soy sauce for 540 days and a 500ml bottle costs about US$76
Topic |   Japan

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Victor Fung Kwok-king, the chairman of Fung Group, says people’s tastes around the world have become more diversified and they are willing to try new things. Photo: Denise Tsang
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