August 17th midday update - A user recently posted, "Initially everyone thought EAST BUY would collapse without Dong Yuhui, but did it actually go bankrupt?" In July last year, EAST BUY and Dong Yuhui officially parted ways. On the first trading day after the news was announced, the company's stock price plummeted over 23%, wiping out HK$3 billion in market value, with intraday trading hitting a low of HK$8.92.
As of now, EAST BUY's stock price stands at HK$41.24, with market capitalization exceeding HK$40 billion. Calculated from the low point of HK$8.92 when Dong Yuhui departed, EAST BUY has accumulated gains of up to 462%.
In response to this, Luo Yonghaoji commented on Weibo: "What angers mothers-in-law and us bystanders is that the old man bullied young people, not how much money the old man made. After Dong Yuhui became independent, his annual income reached 2-3 billion yuan. When he was with that penny-pincher, he still had to borrow money for a down payment to buy a house in Beijing. Where are all those people who said he wasn't suitable for going independent?"
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