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Chinese mainland richest man under police probe

Huang Guangyu, China's home appliance tycoon, is under police investigation for stock market manipulation, according to local media. His company, the Hong Kong-listed Gome company was expected to suspend trading on Monday, the Beijing News... ...full story at People's Daily

from People's Daily on Tue, Nov 25 2008

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25 Nov 08 visit Police won't comment on reported probe of China appliance tycoon  »  People's Daily Beijing police declined comment on Monday about media reports that Huang Guangyu, China's home appliance tycoon, is under investigation for stock market manipulation. The police told Xinhua that the case is under the direct charge of the Ministry...
27 Nov 08 visit Police: China home appliance tycoon under investigation  »  People's Daily Huang Guangyu, China's home appliance tycoon, is under investigation for involvement in "economic crimes," confirmed Beijing police on Thursday. Company spokesman He Yangqing said Gome will respond to the news on Monday afternoon. Huang,...
28 Nov 08 visit China's appliance chain Gome names acting chairman amid police probe  »  People's Daily Hong Kong-listed home appliance company Gome said it appointed Chen Xiao as acting chairman on Friday, a day after Beijing police confirmed that chairman Huang Guangyu was "under investigation." Also on Friday, the company said that its chief...
29 Nov 08 visit Market regulator: mainland's richest man suspected of stock manipulation  »  People's Daily Huang Guangyu, founder of China's biggest electrical appliance chain Gome and the mainland's richest man, is suspected of manipulating share trading in two listed companies, China Securities Regulatory Commission (CSRC) said here on Friday. The...
28 Nov 08 visit CSRC: China's home appliance tycoon suspected of stock manipulation  »  People's Daily Huang Guangyu, founder of China's biggest electrical appliance chain, Gome, was suspected of manipulating share trading of the Sanlian Commercial Co. and Beijing Centergate Technologies Co., China Securities Regulatory Commission said on Friday. ...

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