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Newegg stock crashes after controlling shareholder chairman detained by Chinese authorities
TechSpot News
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Jan. 28, 2026, 9:38 a.m.
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Original
Newegg said in a January 21 regulatory filing that it was notified by the family of He Zhitao. He is the chairman and CEO of Hangzhou Lianluo Interactive Information Technology, Newegg's largest shareholder with a 54.5% stake.
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