Chinaโs former richest man released from prison, still smiling
After 12 years in prison for insider trading and bribery, entrepreneur Huรกng Guฤngyรน ้ปๅ ่ฃ (aka Wong Kwong-yu) was released on parole on June 25. Formerly China's richest man, Huang's electrical appliance retailer GOME saw its stock price surge 17.39% on the day of his release.