China's biggest electronics retailer is trying to find out what happened to its founder, Marketwatch reports. Huang Guangyu, ranked the richest man in China in a recent report, has been not been seen since last week. The tycoon was being investigated for insider trading, but company representatives said government officials have told them nothing, according to Chines media reports. It's unclear if he may be on the run or is under arrest.
Trading in shares of Gome Electrical Appliance Holdings, which Huang built into a nationwide chain from a street stall selling radios, has been suspended. Huang's fate is the subject of intense speculation in the Chinese media, but even the state-owned news agency has been unable to get a comment from the police.