Shares in Gome Electrical Appliances soared yesterday after emerging from a seven-month trading halt triggered by the arrest of its chairman and leading shareholder.
Shares in China's biggest nationwide retailer closed up 69 per cent in a falling Hong Kong market after Bain Capital, the US private equity fund, was confirmed as its new strategic investor.
For the many stakeholders of the group, the surging stock price was a long overdue bit of good news.
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