Panda tea: one of the world’s most expensive; A kilogram of the tea goes for an average of US$70,000

Panda tea: one of the world’s most expensive

Staff Reporter

2013-03-13

Mengdingshan, a mountain in southwest China’s Sichuan province, boldly claims to be the origin of the world’s tea culture. The mountain’s excellent environment has produced teas of the highest quality, sipped by the country’s emperors (and now presidents) since the Tang Dynasty. Panda tea, a kind of tea that grow on soil fertilized with panda dung, is one of the world’s most expensive tea leaves. A kilogram of the tea goes for an average of 440,000 yuan (US$70,000), reports state-run news agency Xinhua.

C309N0160H_2013資料照片_N71_copy1Children harvest tea leaves in panda costumes in Mengdingshan, Sichuan province. (Photo/CNS)

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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