Here’s why Vitasoy needs to overcome the ‘Get out of mainland China’ boycott after stock market beating

Vitasoy International, one of Hong Kong‘s largest non-carbonated beverage manufacturers, is facing possibly its biggest corporate crisis in recent decades following a consumer boycott in mainland China over a leaked internal memo.That memo, penned by a now-dismissed employee, was sympathetic to the family of a manager whom police described as a lone-wolf terrorist, who attacked a policeman, before fatally turning it on himself.Vitasoy shares plunged 10 per cent to HK$26.45 in Hong Kong last…

Read the original article at South China Morning Post