The 69-year-old beverage mogul, China’s richest person for three years in a row, is struggling to grow Nongfu Spring’s core ...

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New research has revealed that violence over water resources increased dramatically in 2023, continuing a steep growth trend of such incidents over the past decade globally. The study by the ...

A new report shows 4.4 billion people across the world have no access to safe drinking water, more than double many previous estimates. Well over half the world's population — 4.4 billion people ...

On Thursday, UBS downgraded Nongfu Spring Co Ltd (9633:HK) (OTC: NNFSF)stock from Neutral to Sell, significantly reducing the shares target to HK$24.24 from HK$46.73. The downgrade was influenced by ...

The battle for increasingly frugal shoppers has fueled steep price cuts, resulting in margin-obliterating products like a new purified water sold by Nongfu for under 1 yuan ($0.14) each. “China’s ...

World Water Week 2024 is set to center around the theme, ‘Bridging Borders: Water for a Peaceful and Sustainable Future’. This theme calls upon participants to acknowledge the interconnectedness of ...

The water industry has warned that firms will be unable to deliver reforms such as stopping sewage outflows without even greater bill rises, with crisis-hit Thames seeking more cash from customers ...

Months later, a report from Hong Kong’s Consumer Council questioned the quality of Nongfu’s water, which it later clarified. PDD faced backlash last month as hundreds of merchants staged a ...