◦ LeEco
LeEco founder banned from entering securities market for life - China Nation News
Nation

LeEco founder banned from entering securities market for life

The CSRC has decided to ban several senior members of LeEco from entering securities market for life, including its founder Jia Yueting and CFO Yang Lijie.
Travel ban for tech group founder's wife - Shanghai Metro News
Metro

Travel ban for tech group founder's wife

As guarantors for LeView Gan and Jia founder and former chairman of LeEco were responsible for repaying part of the money.
Evergrande Health now the largest shareholder of Jia Yueting's electric car startup Faraday Future - China Auto News
Auto

Evergrande Health now the largest shareholder of Jia Yueting's electric car startup Faraday Future

The deal will make Evergrade Health the largest shareholder of Faraday Future which said yesterday that it welcomes Evergrande Health as a new strategic investor and confirmed that Jia founder of Chinese tech group LeEco...
Internet giants to invest US$478m in Leshi's smart TV and online video business - China Tech News
Tech

Internet giants to invest US$478m in Leshi's smart TV and online video business

It has been facing capital shortage and reputation damage since the end of 2016 as its parent company LeEco became debt laden because of aggressive business expansion.
New players driving into China's ride-hailing market - China Tech News
Tech

New players driving into China's ride-hailing market

AutoNavi has offered car hailing services since the end of last month banking on its map and navigation services. Yidao which used to be a subsidiary of LeEco unveiled new business...
Sunac lost US$2.6b on Leshi investment - China Company News
Company

Sunac lost US$2.6b on Leshi investment

Sunac has invested a total of 17.1 billion yuan in Leshi including 15.4 billion yuan in Leshi and its parent firm LeEco in January 2017.
Regulator orders LeEco founder to return - China Tech News
Tech

Regulator orders LeEco founder to return

China's securities regulator has ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms.
Laying the groundwork for an era of new ideas - China Economy News
Economy

Laying the groundwork for an era of new ideas

The fast expansion of companies in the new economy has produced hiccups. The spectacular fall of LeEco a video streaming portal that expanded rapidly into cloud computing smartphones...
Sunac provides US$270m in fresh loans to Leshi - China Tech News
Tech

Sunac provides US$270m in fresh loans to Leshi

Leshi whose shares have been suspended from trading since April faces heavy debts and cash problems because of aggressive expansion from smart TV and online video to smartphone and new energy car by the company and its parent firm LeEco.
For companies, a hard slog to share sales - China Finance News
Finance

For companies, a hard slog to share sales

Since 2016 Leshi parent LeEco was running short of money after investing heavily in smartphone and electric car development.
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