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Top China beermaker opens probe after worker urination video

  • Tsingtao Brewery, China's second largest brewer, is investigating a viral video showing a staff member urinating into one of its tanks. The incident has been reported to the authorities and an investigation is underway.
  • The video has caused backlash on social media, with some expressing anger and others showing support for Tsingtao. The company's production and operations remain unaffected.
  • Despite the incident, Tsingtao's stock initially fell but recovered by afternoon trade. The company continues to strengthen its management procedures and ensure product quality.
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Barron's broke the news in New York, United States on Saturday, October 21, 2023.
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