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June 15, 2013

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Firm probed over 'smart' balm

A SHANGHAI company is being investigated after reports it used false advertising to sell a cream guaranteeing students top test scores and admittance to elite schools such as Tsinghua and Peking universities.

The product, Kaoshibang, has been snapped up by some parents at 298 yuan (US$48.57) per box after TV and Internet ads claimed it was a traditional Chinese medicine with 37 memory-enhancing nutrients to make students smart.

However, the cream turns out to be a cooling balm made by another company with no effect on memory and costing only 12 yuan, according to media reports.

The product was resold by Shanghai Tanxiao Daily Chemical Co Ltd, registered in Songjiang District.


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