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Chinese electronics tycoon1 in court

Summary

23 April 2010

The trial of Huang Guangyu, who was once China's richest business person, has begun. He is accused of illegally using inside knowledge for his own financial gain.

Reporter:

Chris Hogg

Report

Huang Guangyu built a billion dollar business from almost nothing. He dropped out of school and started selling batteries and radios on a market stall nearly 30 years ago. His business grew into a chain of more than thirteen hundred stores across China. Canny2 investments in property helped him build a fortune estimated to be in excess of 6.3 billion-dollars.

In 2008 he topped the Hurun Report's China rich list. A few months later he was arrested and he's been in detention3 ever since. He faces charges of insider trading and bribery4. His wife and a business associate are on trial with him. A subsidiary of Gome, the firm he founded, is also accused of corporate5 bribery.

Huang Guangyu stepped down as the firm's chairman last year but is still its largest shareholder6. The trial which will not be open to the media is expected to last three days.

Chris Hogg, BBC News, Shanghai


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1 tycoon EKkze     
n.有钱有势的企业家，大亨
参考例句：
  • The tycoon is on the verge of bankruptcy.那名大亨濒临破产的边缘。
  • The tycoon has many servants to minister to his needs.那位大亨有很多人服侍他。
2 canny nsLzV     
adj.谨慎的，节俭的
参考例句：
  • He was far too canny to risk giving himself away.他非常谨慎，不会冒险暴露自己。
  • But I'm trying to be a little canny about it.但是我想对此谨慎一些。
3 detention 1vhxk     
n.滞留，停留；拘留，扣留；(教育)留下
参考例句：
  • He was kept in detention by the police.他被警察扣留了。
  • He was in detention in connection with the bribery affair.他因与贿赂事件有牵连而被拘留了。
4 bribery Lxdz7Z     
n.贿络行为，行贿，受贿
参考例句：
  • FBI found out that the senator committed bribery.美国联邦调查局查明这个参议员有受贿行为。
  • He was charged with bribery.他被指控受贿。
5 corporate 7olzl     
adj.共同的，全体的；公司的，企业的
参考例句：
  • This is our corporate responsibility.这是我们共同的责任。
  • His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
6 shareholder VzPwU     
n.股东，股票持有人
参考例句：
  • The account department have prepare a financial statement for the shareholder.财务部为股东准备了一份财务报表。
  • A shareholder may transfer his shares in accordance with the law.股东持有的股份可以依法转让。

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