Feeds

China's richest man disappears

Gome shares suspended

Beginner's guide to SSL certificates

The chairman of China’s largest electronics retailer, Gome, has disappeared, although some reports suggest he's been detained by the police over alleged financial misconduct at the firm.

Huang Guangyu, who founded Gome Electrical Appliance Holdings in 1987, could not be located today, according to several reports.

Shares in the company have been suspended on the Hong Kong Stock Exchange.

Gome was unable to confirm whether Huang had been detained, the Financial Times reports. Meanwhile, the company said it was “making necessary inquiries” in an effort to “verify the allegations”.

Just last month the Hurun Report, which compiles lists of China’s well-off, said Huang was the wealthiest person in the People’s Republic with a net worth of $6.3bn (£4.2bn).

Chinese financial magazine Caijing reported that Huang was detained today as part of an investigation into the manipulation of shares of SD Jintai, a pharmaceuticals group controlled by Huang's brother, Huang Junqin.

Gome said its operations and relations with suppliers had not been affected by the reports. High profile tech partners include Dell and Microsoft. ®

Beginner's guide to SSL certificates

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.