Retail tycoon embroiled in irregularities
By Tuo Yannan | China Daily | Updated: 2008-11-29 08:03
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A pedestrian walks past a Gome store in Beijing. Bloomberg News |
The China Securities Regulatory Commission (CSRC) said on Friday that a probe into Huang Guangyu, chairman of Gome Electrical Appliances Holding Ltd, was mainly because of his alleged irregularities in asset restructuring and swaps in two listed companies.
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