Topic
GOME Electrical Appliances Holding Ltd is an electrical appliance retailer in China and Hong Kong founded by Wong Kwong Yu in 1987, adopting the “Gome” brand name in 1993. It listed in Hong Kong in 2004, and in 2008 police revealed that Wong was being investigated for stock manipulation. He resigned in early 2009 and was sentenced to 14 years in prison.
TOPIC
GOME Electrical Appliances Holding Ltd is an electrical appliance retailer in China and Hong Kong founded by Wong Kwong Yu in 1987, adopting the “Gome” brand name in 1993. It listed in Hong Kong in 2004, and in 2008 police revealed that Wong was being investigated for stock manipulation. He resigned in early 2009 and was sentenced to 14 years in prison.
- 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
Shares of Gome Electrical Appliances Holding fell 6.56 per cent after the retailer said it planned to buy a 5.7 per cent stake in Hefei-based Huishang Bank.
Shares of Gome Electrical Appliances Holding fell 6.56 per cent after the retailer said it planned to buy a 5.7 per cent stake in Hefei-based Huishang Bank.