Core Viewpoint - The ongoing legal dispute involving the Wahaha founder Zong Qinghou's estate has drawn significant attention, particularly regarding the inheritance rights and asset management of the Zong family, with a focus on the HSBC account holding substantial assets [1][4]. Group 1: Legal Proceedings - On August 1, the Hong Kong High Court approved a preservation order for HSBC accounts, preventing the defendants from withdrawing or mortgaging assets while allowing investment operations [2][4]. - The case involves Zong Fuli, the legitimate daughter of Zong Qinghou, and her half-siblings Zong Jichang, Zong Jieli, and Zong Jisheng, who claim inheritance rights [1][2]. - The court's preservation order is intended to secure $1.8 billion in disputed assets until the conclusion of related litigation in Hangzhou [2][4]. Group 2: Asset Management and Financial Details - As of May 31, 2024, Jian Hao Ventures Limited held $1.799 billion in its HSBC account, primarily consisting of bonds, fixed-income assets, and some cash [4]. - Approximately $110,000 was transferred out of the HSBC account by May 2024, raising concerns among the plaintiffs regarding unauthorized fund transfers [4]. - The plaintiffs are seeking to ensure the preservation of assets in the HSBC account and demand that Zong Fuli fulfill her father's will by establishing a trust and compensating them for losses incurred due to fund transfers [4][5]. Group 3: Inheritance Rights - The dispute also touches on the inheritance of a 29.4% stake in Wahaha Group, although the legal representatives for the group have clarified that this stake is solely inherited by Zong Fuli as per the will [6]. - The ongoing litigation in both Hong Kong and Hangzhou highlights the complexities surrounding the Zong family's asset distribution and the legal interpretations of inheritance rights [5][6].

Core Points - The Hong Kong High Court has approved the plaintiffs' application for a preservation order regarding the assets in Jian Hao Ventures Limited's HSBC account, pending the outcome of litigation in Hangzhou [4][5][6] - The court ruled that the defendant, Kelly Fuli Zong, must disclose the latest balance and transactions of the HSBC account, ensuring the preservation order's effectiveness [7][8] - The case involves a dispute over the estate of Zong Qinghou, founder of Wahaha, with significant assets held in the company, amounting to approximately $1.799 billion [5][9] Group 1: Case Background - The plaintiffs include Jacky Zong, Jessie Jieli Zong, and Jerry Jisheng Zong, while the defendant is Kelly Fuli Zong, the only daughter of Zong Qinghou [5][6] - Jian Hao Ventures Limited, registered in the British Virgin Islands, was solely directed by Zong Qinghou before his passing, with Kelly Fuli Zong taking over [5][6] Group 2: Court Decision - The High Court found that there were serious issues to be tried and that preserving the assets would aid the ongoing litigation in Hangzhou [6][9] - The court's decision supports the legislative intent of Hong Kong to assist foreign litigation [6][9] Group 3: Trust and Asset Management - A handwritten trust instruction from Zong Qinghou was revealed, indicating the establishment of trusts for his children, with specific asset allocations [8][9] - The trust is intended for fixed-income investments, with each beneficiary set to receive $700 million [8][9]