Hong Kong court freezes US$1.8 billion HSBC account as Wahaha inheritance battle unfolds
A Hong Kong court has formally frozen an HSBC account at the heart of a high-stakes lawsuit that pits three claimants of a multibillion-dollar inheritance against the CEO of Hangzhou Wahaha Group, a beverage empire dubbed “China’s Coca-Cola”. The order will remain in force until another parallel lawsuit filed in a Hangzhou court is finished,…