[VIDEO] Top China Beer Manufacturer Receives Huge Backlash After Their Employee Was Caught Urinating In The Beer Tank

×

SEARCH FOR

Input your search keywords and press Enter.

Trending

[VIDEO] Top China Beer Manufacturer Receives Huge Backlash After Their Employee Was Caught Urinating In The Beer Tank

30-Oct-2023
By Ayunie

Chinese beer giant Tsingtao has been hit by a significant drop in its stock price following a viral video showing one of its employees engaging in an unsanitary act at a brewery.


The video, which surfaced on Weibo on October 19, displayed an employee at a Tsingtao brewery in Qingdao city urinating into a malt container. The disturbing footage quickly gained tens of millions of views and sparked widespread public disgust.


https://image.goody25.com/images/catalog/59661/20231030_16986373446301_mobile.jpeg  


Local authorities initiated an investigation into the incident, and Tsingtao responded by acknowledging the video and reporting the matter to the police. However, the damage to the company's reputation had already taken its toll on the stock market.


Watch the video below, or click here to watch it on IG:


Tsingtao's share price dipped by 1% on the Shanghai Stock Exchange immediately after the incident, and the decline deepened to 7.5% a few days later on October 23.


Moreover, the incident has raised concerns in markets with strong import links, casting doubts on the safety and cleanliness of foodstuffs imported from China. Tsingtao, known for its beer production, is now faced with a significant setback in the wake of the employee's actions and the subsequent stock price drop.


Whew. That's a mess. 


Source: The Sun Daily

Tsingtao Beer staff worker malt tank urinating urination stock market drop


Ayunie

Matcha-fueled Aries reporting for duty.

Report

Trending


22-Year-Old IPTA Student In Kelantan Suffers Critical Injuries After Her Former Roommate Attacked Her With Sulphuric Acid

Trending   13-May-2024

Grab User Sends In Complaint Against A Grab Driver Who Refuses To Follow Door-To-Door Grab Policy

Trending   1 Week ago

Domestic Tragedy: A Woman In Ipoh Fatally Attacked By Husband In Front Of Their Daughter Amidst Intense Argument

Trending   2 Days ago