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LeEco’s Listed Arm Extends Trading Halt for Restructuring Plan

Oct 12, 2017 / News /

Leshi Internet Information & Technology Corp., the listed arm of embattled tech giant LeEco, extended its share-trading halt after a six-month suspension, citing uncertainties in a restructuring plan. Read More

How LeEco Fell From Glory

Sep 5, 2017 / News /

Once a market darling, China’s tech giant LeEco has now become a headache for investors and creditors as years of reckless expansion led the company into a debt impasse. Read More

LeEco’s Listed Arm Spills Red Ink for First Time

Sep 1, 2017 / News /

The woes of cash-strapped LeEco seem set to continue, as listed unit Leshi reported significant losses for the first half of the year. Read More

Headlines from China: “Hollywood Lacks Curiosity” Luc Besson Says

Aug 21, 2017 / Headlines From China /

Acclaimed French director Luc Besson recently attended the preview screening of ‘Valerian and the City of a Thousand Planets’ in Beijing to support the film's theatrical opening in China on August 25. Read More

Headlines from China: Christopher Nolan to Meet Wu Jing in Beijing

Aug 18, 2017 / Headlines From China /

In addition to supporting 'Dunkirk', Nolan will also attend a Directors Conference, having a conversation with 'Wolf Warriors 2'’s director Wu Jing and 'Founding of A Republic'’s director Huang Jianxin. Read More

Headlines from China: Jackie Chan Attends World Premiere of ‘Earth’ Doc

Aug 1, 2017 / Headlines From China /

On August 1, BBC Earth Films premiered ‘Earth: One Amazing Day' in Beijing with the film’s directors and narrator, kung fu superstar Jackie Chan, in attendance. Read More

TCB in RMB: Wanda Reports Half-Year Income Jump

Jul 10, 2017 / Money /

Dalian Wanda Group, China’s property, and entertainment giant, reported overall revenue of RMB 134.9 billion (US$19.8 billion) for the first six months of 2017, an increase of 12.4 percent year-on-year. Read More

Is US$2.4 Billion Enough to Redeem Cash-Strapped LeEco?

Jan 19, 2017 / News /

China real estate titan Sunac China Holdings Ltd. will become LeEco's second-largest shareholder after leading RMB 16.8 billion (US$2.4 billion) in fresh funding. Read More

LeEco Raises Funding, Reshuffles Management Amid Cash Crunch

Nov 21, 2016 / News /

China’s internet giant LeEco announced Tuesday that the company has secured US$600 million of funding from a dozen of local investors. Read More

LeEco Attempts to Establish Its Ecosystem in the US

Oct 20, 2016 / News /

On October 19, LeEco made its official debut into the US market. LeEco will begin selling their smartphones and smart TVs from November 2. Read More

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