How Will Power Shift Affect Retailer Gome?

A year-long power struggle between management and the largest shareholder at retail giant Gome Electrical Appliances Holding Ltd. (HKEX: 00493) ended March 7 with a changing of the guard that's slated to improve corporate governance, but leaves key investor questions unanswered.

(Chen Xiao)

Chen Xiao, chairman since 2009 and a thorn in the side of controlling stakeholder Huang Guangyu, resigned and was replaced by Zhang Dazhong, 62, former chairman of Gome subsidiary Dazhong Electronics.