Gome Retail’s shares rose by as much as 28 per cent in Hong Kong on Wednesday, before ending the day 17.4 per cent higher. Photo: Reuters
Huang Guangyu, founder and ex-chairman of one of China’s largest bricks-and-mortar electronics retailers, is released from jail
- Huang’s release was expected in November 2022, but his term was cut short for good behaviour
- Huang and his wife remain the company’s largest shareholders
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GOME
Gome Retail’s shares rose by as much as 28 per cent in Hong Kong on Wednesday, before ending the day 17.4 per cent higher. Photo: Reuters