China Tycoon Huang Investigated For New Crimes

From Reuters:

Huang Guangyu, once China’s richest man before falling from grace for alleged stock market manipulation, is being investigated on suspicion of committing new crimes, Beijing prosecutors said on Thursday.

Huang founded GOME Electrical Appliances Holdings Ltd (0493.HK), but following a police investigation into alleged financial wrong-doing last year was replaced as chairman. GOME is now under new management.

Little has been heard formally of the investigation since and no charges have been laid, but state media say Huang is being probed for insider trading and stock manipulation.

Categories : ,

Tags :,

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.