https://www.scmp.com/rss/50608/feed Want Want China Holdings Ltd makes rice crackers, dairy products and beverages, snack foods and other products, with operations in China, Taiwan, Hong kong, Singapore and Japan.<br /> en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Fran Lu Fran Lu Chinese entrepreneur Guan Yuxiang built her drink can empire from scratch after retirement, earning her the titles of the country’s “Drink Can Queen” and “the greatest retired female worker.” Born in Shenyang, in northeastern China’s Liaoning province in 1939, Guan joined a factory in Beijing at the age of 19. Like many in her generation, she dedicated three decades of her life to the same company before retiring at 50. However, unlike many who embrace a restful retirement, Guan chose to embark... https://www.scmp.com/news/people-culture/china-personalities/article/3335859/china-drink-can-queen-guan-yuxiang-grows-us14-billion-business-empire-after-retirement?utm_source=rss_feed https://www.scmp.com/news/people-culture/china-personalities/article/3335859/china-drink-can-queen-guan-yuxiang-grows-us14-billion-business-empire-after-retirement?utm_source=rss_feed Fri, 12 Dec 2025 10:00:11 +0000 Alcott Wei Alcott Wei A small Taiwanese delegation of politicians and business leaders – including former Kuomintang chairwoman Hung Hsiu-chu – will be attending Beijing’s World War II Victory Parade on Wednesday, despite warnings from the ruling party in Taipei. Hung announced via social media on Tuesday that she arrived in the mainland capital the previous night and would be present at the parade. “Today, we are able to attend together and take part in commemorating this victorious moment in a national catastrophe.... https://www.scmp.com/news/china/politics/article/3324074/taiwanese-beijings-military-parade-include-former-kmt-chair-want-want-executive?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3324074/taiwanese-beijings-military-parade-include-former-kmt-chair-want-want-executive?utm_source=rss_feed Tue, 02 Sep 2025 11:02:38 +0000 Employees and supporters rallied for a Taiwanese pro-Chinese mainland cable news channel as it was taken off air on Saturday, after the government refused to renew its licence, citing accuracy issues. CTiTV’s channel 52 broadcast a countdown and then went black after midnight. The cable network, whose non-news channels were not affected, plans to continue putting news on YouTube and other digital platforms. A large crowd chanted: “Hang on, CTiTV” and held up signs reading: “Thank you CTiTV, we... https://www.scmp.com/news/china/politics/article/3113697/taiwanese-pro-beijing-television-news-channel-taken-air?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3113697/taiwanese-pro-beijing-television-news-channel-taken-air?utm_source=rss_feed Sat, 12 Dec 2020 04:49:36 +0000 The fate of Taiwanese cable channel CTi News hangs in the balance as the media regulator reviews its licence application amid allegations it is operating as a propaganda machine for Beijing. There have been growing calls for the channel to be taken off the air because of its pro-Beijing stance and constant criticism of the Tsai Ing-wen government, including unverified news reports. But critics say shutting down the station would be a blow for press freedom in the self-ruled island. CTi is owned... https://www.scmp.com/news/china/politics/article/3107855/taiwanese-cable-channel-cti-accused-pro-beijing-fake-news?utm_source=rss_feed https://www.scmp.com/news/china/politics/article/3107855/taiwanese-cable-channel-cti-accused-pro-beijing-fake-news?utm_source=rss_feed Sat, 31 Oct 2020 08:00:21 +0000 Taiwan might not be the first place that comes to mind when thinking about outrageously opulent living. Unlike the elite members of its outwardly opulent and bustling cousins Hong Kong and Singapore, the island’s richest inhabitants prefer to keep things on the down-low. But that doesn’t mean their wealth goes unnoticed. As of 2020, the country’s top 50 richest people have a combined net worth of an estimated US$112 billion. Here are the top five real-life Crazy Rich Asians in Taiwan that we... https://www.scmp.com/magazines/style/luxury/article/3102469/taiwans-real-life-crazy-rich-asians-how-aimee-sun-cher-wang?utm_source=rss_feed https://www.scmp.com/magazines/style/luxury/article/3102469/taiwans-real-life-crazy-rich-asians-how-aimee-sun-cher-wang?utm_source=rss_feed Tue, 22 Sep 2020 04:04:10 +0000 Next Media's sale of its Taiwanese print business has fallen through a day before the deadline, but the sale of its television operation continues, a spokesman said yesterday. The NT$17.5 billion (HK$4.55 billion) print deal was supposed to be completed by today, but one of the Taiwanese buyers walked away at the last minute. That has dashed Next Media's hopes of selling its Taiwanese operations, including the money-losing television business, as a bundle. Next Media is owned by Jimmy Lai... https://www.scmp.com/business/companies/article/1200294/contentious-taiwan-media-deal-rocks?utm_source=rss_feed https://www.scmp.com/business/companies/article/1200294/contentious-taiwan-media-deal-rocks?utm_source=rss_feed Tue, 26 Mar 2013 10:17:35 +0000 Next Media, a company controlled by Hong Kong tycoon Jimmy Lai Chee-ying, has disclosed more details of the recently agreed sale of the company's Taiwan print and TV businesses to a group of Taiwanese businessmen, after changes in the composition of the consortium. The sale for NT$17.5 billion (HK$4.66 billion) would net Next a gain of HK$2.28 billion, said the Hong Kong-listed media firm. Next Media "will no longer be engaged in the print business, as well as television programmes and the sale... https://www.scmp.com/business/companies/article/1104891/jeffrey-koo-removed-leader-next-media-buyout-consortium?utm_source=rss_feed https://www.scmp.com/business/companies/article/1104891/jeffrey-koo-removed-leader-next-media-buyout-consortium?utm_source=rss_feed Thu, 13 Dec 2012 16:00:00 +0000 Jimmy Lai Chee-ying was expected to complete the sale of Next Media's print and television holdings in Taiwan last night, following the signing of a definite agreement with the buying consortium at a hotel in Macau. Lai's assistant, Mark Simon, said late last night the two sides were still ironing out the details of the deal. Next Media, of which Lai is the chairman and controlling shareholder, sold those assets to a group of Taiwanese buyers for NT$17.5 billion (HK$4.6 billion) in cash. The... https://www.scmp.com/business/companies/article/1092542/next-media-close-finalising-sale-assets-taiwan?utm_source=rss_feed https://www.scmp.com/business/companies/article/1092542/next-media-close-finalising-sale-assets-taiwan?utm_source=rss_feed Tue, 27 Nov 2012 16:00:00 +0000 Food tycoon and aspiring media mogul Tsai Eng-meng has assumed the title of Taiwan's richest person this year. Boosted by his mainland-based business, the outspoken chairman of food company Want Want China has seen his net worth rise to an estimated US$8 billion from US$6.1 billion last year, Forbes magazine reported last month. Tsai ranked third on Forbes' Taiwan rich list last year, but the rice cracker empire he has been building on the mainland since 1994 propelled him to the top this year,... https://www.scmp.com/article/1004719/rise-new-media-moguls?utm_source=rss_feed https://www.scmp.com/article/1004719/rise-new-media-moguls?utm_source=rss_feed Fri, 22 Jun 2012 16:00:00 +0000 Want Want China Holdings, one of the mainland's largest snack and beverage makers, rose up to 5 per cent yesterday after reporting a better-than-expected 17 per cent jump in net profit last year. Want Want shares, which dropped 3 per cent in the morning, rose 3.99 per cent to HK$7.82 in the afternoon trading session after the company released the annual results during the lunch break. The company, the mainland's largest producer of rice crackers, said net profit last year rose 17 per cent to... https://www.scmp.com/article/994718/want-want-reports-tasty-17pc-increase-profits?utm_source=rss_feed https://www.scmp.com/article/994718/want-want-reports-tasty-17pc-increase-profits?utm_source=rss_feed Tue, 06 Mar 2012 16:00:00 +0000 The troubled odyssey of Asia Television has taken another turn with an application to have the broadcaster's affairs wound up. Norwares Overseas, a company based in the British Virgin Islands, filed the application in court on Tuesday to have the free-to-air broadcaster liquidated. Norwares is a shareholder in snack giant Want Want China Holdings, of which ATV shareholder Tsai Eng-meng is chairman. Court documents said Norwares was wholly owned by Tsai, a Taiwanese tycoon. ATV has been in the... https://www.scmp.com/article/981716/taiwanese-snack-tycoon-moves-wind-atv?utm_source=rss_feed https://www.scmp.com/article/981716/taiwanese-snack-tycoon-moves-wind-atv?utm_source=rss_feed Wed, 12 Oct 2011 16:00:00 +0000 The children who grew up with Tsai Eng-meng's rice crackers have finally reached the legal age for alcohol, which translates into a new business opportunity. The Taiwanese snack food tycoon's empire, Want Want China Holdings, will be diversifying its food business and tapping into the lucrative market for alcohol next year. It will launch a sweet-tasting summer alcoholic drink - complete with a lady's best friend, collagen - called Sawow, targeting the young woman's market. The drink,... https://www.scmp.com/article/714883/want-want-aims-tap-womens-alcohol-market?utm_source=rss_feed https://www.scmp.com/article/714883/want-want-aims-tap-womens-alcohol-market?utm_source=rss_feed Wed, 19 May 2010 16:00:00 +0000 The ultimate controller of embattled Asia Television is becoming clear after Taiwanese snack-food tycoon Tsai Eng-meng had the Hot Kid trademark of his Want Want Group printed on the name cards of senior staff at the station. The cards are in circulation as the broadcaster prepares to celebrate its 52nd anniversary on Friday. Media Eye previously reported that the ATV management was considering putting one of Mr Tsai's company logos on the cards to show the new shareholder's influence at the... https://www.scmp.com/article/681666/want-want-logo-shows-whos-boss-atv?utm_source=rss_feed https://www.scmp.com/article/681666/want-want-logo-shows-whos-boss-atv?utm_source=rss_feed Tue, 26 May 2009 16:00:00 +0000 Products made by Want Want China Holdings may not appeal much to sophisticated adults, but the stock of Asia's largest rice-cracker maker is one of the most wanted in the current volatile market. Thanks to sustained profit growth during the economic downturn, the company, which is due to unveil on Thursday its first full-year results since its debut in March last year, is regarded as a safe haven by analysts. Want Want, the second-largest food and beverage firm on the Hong Kong stock market... https://www.scmp.com/article/671775/rice-cracker-maker-doubles-appeal-downturn?utm_source=rss_feed https://www.scmp.com/article/671775/rice-cracker-maker-doubles-appeal-downturn?utm_source=rss_feed Sun, 01 Mar 2009 16:00:00 +0000 Taiwanese tycoon Tsai Eng-meng has emerged as the frontrunner for media firm China Times Group after placing a higher bid than Hong Kong's Next Media, sources say. Mr Tsai, the chairman of Hong Kong-listed snack maker Want Want China Holdings, bid at least 35 per cent more than another offer, sources said. Next Media planned to bid for the assets excluding China Television at between NT$15 billion (HK$3.54 billion) and NT$20 billion, sources said. 'Mr Tsai has a deep pocket and he doesn't need... https://www.scmp.com/article/658863/tycoon-top-bidder-china-times?utm_source=rss_feed https://www.scmp.com/article/658863/tycoon-top-bidder-china-times?utm_source=rss_feed Mon, 03 Nov 2008 16:00:00 +0000 Want Want China Holdings, Asia's largest rice-cracker maker, said it was upbeat on the mainland's snack industry after delivering 53.9 per cent growth in net profit in its first interim report after listing in March. 'The rise in the living standards of Chinese people and higher per capita annual disposable income in urban areas help to maintain the healthy development of the mainland food industry,' the company said after reporting a 'remarkable' first-half result. 'We are optimistic... https://www.scmp.com/article/650388/want-want-positive-industry-after-income-grows-539pc?utm_source=rss_feed https://www.scmp.com/article/650388/want-want-positive-industry-after-income-grows-539pc?utm_source=rss_feed Tue, 26 Aug 2008 16:00:00 +0000 Want Want Holdings, the rice crackers and sweets maker delisted in Singapore in September, plans to raise at least US$700 million in Hong Kong in the first quarter of next year to take advantage of the city's strong liquidity flow, a source said. Taiwan-based Want Want, which makes products under its popular brand, might sell shares for a Hong Kong listing in late February or early March, the source said. UBS has been hired to lead the deal. 'With favourable market conditions, the firm could... https://www.scmp.com/article/620041/want-want-eyes-us700m-share-sale-after-singapore-delisting?utm_source=rss_feed https://www.scmp.com/article/620041/want-want-eyes-us700m-share-sale-after-singapore-delisting?utm_source=rss_feed Mon, 17 Dec 2007 16:00:00 +0000