The man who was named as China's richest in 2008 went on trial in Beijing yesterday on charges of insider trading, bribery and illegal business dealings.
Huang Guangyu, the founder and former chairman of Hong Kong-listed Gome Electrical Appliances Holdings, one of the country's largest electronics retailers, was arrested in November 2008 and has been awaiting trial at the Beijing No 1 Detention Centre.
Mr Huang's wife Du Juan and Xu Zhongmin, former chairman of a property developer controlled by Mr Huang, also went on trial yesterday on related charges.
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