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Opinion

How the mighty fall –Huang gets 14 years and a 600 million fine

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HUANG Guangyu, who was once the richest man in China and a role model for millions of young people, received a 14-year sentence and a hefty fine of 600 million yuan last week for conducting illegal business and insider trading. The high-profile case has attracted intense public attention after Huang, formerly chairman of Gome Group, China’s largest appliance retail chain, was detained in 2008.
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