Le.com Prepares for Potential Bankruptcy and Delisting

 /  News  / 
Le.com, internet technology and content company founded by Jia Yueting, founder of Faraday Future (FF), reported a total debt with interest to be around RMB8 billion ($555.4 million) for the period ended September 30 during an interim shareholders’ meeting on November 19. Read More

Jia Yueting’s Le.com Shares Frozen Due to Unpaid Debts

 /  Money  / 
According to a recent notice posted to the Shenzhen Stock Exchange website, a Chinese court has ordered all of Jia’s Leshi shares to be frozen. In addition, 5 million shares that Jia pledged to Orient Securities have been released due to an unpaid debt. Read More

Shenzhen Stock Exchange Questions LeTV for Using Blockchain as a Buzzword

 /  News  / 
Leshi Internet Information and Technology, previously known as LeTV,  has been questioned by Shenzhen Stock Exchange regarding its smart TV subsidiary Lerong Zhixin’s new blockchain business. Read More

Headlines from China: CAA China and Production Firm Give Me Five to Launch New Fund

 /  Headlines From China  / 
On April 26, CAA China and Chinese film and TV production company Give Me Five (五元文化) officially entered a deal to jointly launch a new script development fund. Read More

Headlines From China: What Can Blockchain Technology Do in Entertainment and Media?

 /  Headlines From China  / 
After the launch of bitcoin futures in major exchanges, blockchain has become a hot topic across industries in China. Many entertainment and media companies are trying to ride the blockchain wave in order to raise more funds. Read More

Headlines from China: Top 100 Most Powerful Film Producers in China

 /  Headlines From China  / 
The Top 100 Most Powerful Film Producers list was recently released, with Wang Zhonglei, Jiang Zhiqiang, and Chen Guofu being in the top 3. Read More

Headlines from China: Jia Yueting Ordered to Come Back to China to Settle Debts

 /  Headlines From China  / 
The China Securities Regulatory Commission issued an order Monday for LeEco founder Jia Yueting to return to China by the end of this year to deal with financial troubles. Read More

Headlines from China: Jia Yueting Dubbed “Laolai,’ Blacklisted by China’s Top Court

 /  Headlines From China  / 
Tech entrepreneur Jia Yueting is now blacklisted by China’s top court, after failing to pay money he owed to Ping An Securities. Jia is now banned from traveling first-class on planes and trains, visiting hotels, nightclubs, and golf courses, and purchasing other luxuries in general. Read More

Headlines from China: The New Year Holiday Season is Not about Domestic Comedies Anymore 

 /  Headlines From China  / 
The two months between late November and late January are considered one of the most important holiday seasons for China box office. Read More

LeTV’s New Q3 Numbers Paint Grim Reality For the Company

 /  News  / 
LeTV—which has recently changed its name to New Leshi as a symbolic new beginning—did not manage to shake off the numbers that came with its former name. Read More