2009-01-08 06:02:38 GMT China Daily
Police have detained Du Juan, wife of billionaire home appliance retail chain chief Huang Guangyu, in Beijing, media reports said yesterday. The Gome chief is already under investigation for suspected stock manipulation and other financial offenses.
2009-01-07 04:21:35 GMT China Daily
Du Juan, former executive director of Gome is reported to be in police custody for alleged wrongdoings in association with her husband Huang Guangyu, founder and former chairman of the giant consumer electronics retailer.
2008-12-26 07:49:43 GMT Xinhua English
BEIJING, Dec. 26 (Xinhua) -- Huang Guangyu, chairman and controlling shareholder of China's top electronics retailer Gome, was suspended from his post on Dec. 23, the Shanghai Securities Journal reported on Friday.
2008-12-25 05:46:00 GMT China Daily
China's largest consumer electronics retailer Gome said on Dec 24 that its board of directors has suspended the executive duties of the company's founder and chairman Huang Guangyu, who was arrested in November for the alleged irregular share trading. The suspension was effective from Dec 23.
2008-11-27 10:05:49 GMT SINA.com
Huang Guangyu, one of China's wealthiest entrepreneurs and the chairman of the country’s biggest electronics retailer, was detained last week by the police as part of an investigation into stock manipulation involving a relative's company, according to a report in a Chinese financial magazine.
2008-11-27 09:56:00 GMT SINA.com
CHINA'S richest man, the $US6 billion ($9.5 billion) electronics magnate Huang Guangyu, has disappeared from his home into a vortex of speculation about corruption and sharemarket manipulation.
2008-11-27 09:51:05 GMT SINA.com
There's never a good time for a company to have its chairman under investigation. But news that Chinese authorities have detained Huang Guangyu, the country's wealthiest tycoon, could hardly have come at a worse moment for his company, consumer electronics retailer Gome Electrical Appliance Holdings. Known as the Best Buy (BBY) of China, Gome has tapped into the demand for household appliances by China's burgeoning middle class to become the country's biggest retailer. Now, with the Chinese economy suffering a dramatic slowdown because of the global financial crisis, Gome cannot afford the distraction of a prolonged legal battle involving its founder.
2008-11-27 09:47:21 GMT SINA.com
China's richest man and chairman of China's top electronics retailer, GOME, is under investigation for involvement in "economic crimes", Xinhua news agency said on Thursday, citing police. "Huang Guangyu, China's home appliance tycoon, is under investigation for involvement in 'economic crimes,' confirmed Beijing police on Thursday," Xinhua said.
2008-11-27 07:00:46 GMT China Daily
The lack of market regulations has in one way or another contributed to the birth of many "problem tycoons" in China, says an article in Qianjiang Evening Post. The following is an excerpt:
2008-11-27 07:00:08 GMT China Daily
Concerned parties should reveal on time news about the investigation of businessman Huang Guangyu, says an article in the Beijing News. The following is an excerpt:
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