China’s one-time richest man Wong Kwong Yu, worsened in Jan.-June compared with a year earlier, the company said in a statement after the close of trade in Hong Kong on Wednesday. Gome’s first-half loss soared by 50% to 2.96 billion yuan, or nearly $430 million, compared with a loss of 1.97 billion yuan a year earlier.

First-Half Loss Widens By 50% To $430 Mln At Former China Rich List No. 1’s Gome BitcoinEthereumNews.com comes via ChinaTechNews.com.