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Tuesday, December 26, 2017

Debt-laden tech firm LeEco’s founder ordered to return to China by securities commission

 The founder of beleaguered tech conglomerate LeEco is facing yet another huge headache. Jia Yueting has been ordered by the China Securities Regulatory Commission’s Beijing branch to return to the country by the end of this month and deal with the company’s debts. In an unusual public letter posted Monday, the CSRC said Jia’s failure to repay debts is “a serious… Read More


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