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. Canny 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 detention ever since. He faces charges of insider trading and bribery. His wife and a business associate are on trial with him. A subsidiary of Gome, the firm he founded, is also accused of corporate bribery.

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

Chris Hogg, BBC News, Shanghai

Nghe Nghe các từ

dropped out of school

bỏ học

a market stall

quầy hàng, sạp hàng nhỏ ngoài chợ

a chain

chuỗi các cửa hàng, cửa hiệu thuộc cùng một chủ sở hữu

canny investments

những khoản đầu tư khôn ngoan

estimated to be in excess of

ước tính vượt quá (con số nào đó)

in detention

bị tạm giữ, tạm giam

insider trading

buôn bán nội gián (hành vi mua bán bất hợp pháp cổ phiếu nhờ việc có thông tin đặc biệt từ người có liên quan, biết rõ nội tình công ty đó)

bribery

hối lộ

a subsidiary

công ty con, công ty thành viên

shareholder

cổ đông