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Appliance tycoon under police probe
Published on: 2008-11-25
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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 reports. The company was scheduled to issue its third-quarter financial report on Monday. Xinhua reporter's call to Beijing Gome headquarters went unanswered.
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