Hong Kong, Sept 20 - Chinese retailer Wumart Stores Inc jumped 17.5 percent on Thursday as it resumed trade after a 10-month suspension.
The stock was set to open at an all-time high of HK$8.0.
Trading in Wumart shares was halted last November shortly before the company said its founder and chairman, Zhang Wenzhong, had resigned and was assisting authorities in an investigation.
The company said on Wednesday that, after an internal review and an audit by Ernst & Young, no assets or funds had been misappropriated. It did not comment further on Zhang's departure.
Wumart pledged on Wednesday to maintain rapid expansion through acquisitions and by opening new outlets.