Media

LeTV Repays First Loan to CCB, Enters Negotiations for Remaining Loan

LeTV Repays First Loan to CCB, Enters Negotiations for Remaining Loan

Leshi Holding (Beijing) Co.’s listed affiliate Leshi Internet Information and Technology Corp. [SHE:300104] (LeTV) has repaid a CNY50 million (USD7.35…

Aug 3, 2017
Xu Wei
Media Misrepresented Le Supercar Founder Jia Yueting’s Wealth, Firm Says

Media Misrepresented Le Supercar Founder Jia Yueting’s Wealth, Firm Says

Electric carmaker Le Supercar said yesterday that recent media reports have misrepresented the wealth of its founder, Jia Yueting, shaping…

Jul 17, 2017
Xu Wei
Leshi Claims Jia Yueting Will Return to China Soon

Leshi Claims Jia Yueting Will Return to China Soon

Jia Yueting is slated to return to China soon, a public relations officer at Leshi Holding (Beijing) Co. said yesterday afternoon.

Jul 14, 2017
Xu Wei
DDMC Buys Super Sports for USD500 Million to Build China’s Integrated Sports Copyright Platform

DDMC Buys Super Sports for USD500 Million to Build China’s Integrated Sports Copyright Platform

Wuhan DDMC Culture Co. [SHA:600136] announced July 12 it plans to acquire a 100% stake in Super Sports Media Inc. for USD500 million (CNY3.4 billion).

Jul 13, 2017
Xu Wei
China’s Web Watchdog Will Put the Bite on Lurid Live-Streaming Businesses From July 15

China’s Web Watchdog Will Put the Bite on Lurid Live-Streaming Businesses From July 15

Live-streaming service providers in China are required to complete regulatory filing with local internet information offices within 30 days, starting July 15.

Jul 13, 2017
Wu Danlin
CCTV Raises Question Marks About LeEco’s Listing of LeTV, Operating Funds

CCTV Raises Question Marks About LeEco’s Listing of LeTV, Operating Funds

Facing increasingly severe operating circumstances, troubled technology company LeEco has come under intense market spotlight. In the latest episode, China’s…

Jul 12, 2017
Xu Wei
Only Two Out of Seven Business Arms of LeEco Are Profitable, Says Report

Only Two Out of Seven Business Arms of LeEco Are Profitable, Says Report

The information disclosed by listed companies and those obtained from other sources indicates that only LeTV [SHE:300104] and the company’s…

Jul 11, 2017
Xu Wei
New Media Becomes Major Dissemination Channel for Shanghai’s Animation Industry

New Media Becomes Major Dissemination Channel for Shanghai’s Animation Industry

New media animation has grown rapidly in recent years, and internet, particularly mobile internet, has become the major channel of…

Jul 6, 2017
Xu Wei
Sunac Snatches Another 6% Stake in Le Vision Pictures from LeTV Holdings

Sunac Snatches Another 6% Stake in Le Vision Pictures from LeTV Holdings

Sunac China Holdings Ltd. (HKG:1918) has upped its stake in Le Vision Pictures from 15% to 21%, finance.qq.com reported yesterday.

Jul 6, 2017
Xu Wei
Ping An Bank Responds to Reports It Loaned Leshi USD735 Million, Says Amount Is Incorrect

Ping An Bank Responds to Reports It Loaned Leshi USD735 Million, Says Amount Is Incorrect

Ping An Bank Co. [SHE:000001] has responded to claims that Leshi companies borrowed USD735 million (CNY5 billion) from it, saying…

Jul 6, 2017
Xu Wei
Jia Yueting Steps Down as LeEco’s Legal Agent to Smooth His Flight From China

Jia Yueting Steps Down as LeEco’s Legal Agent to Smooth His Flight From China

Jia Yueting has ceased to act as the legal representative of LeEco (Beijing) Co.

Jul 5, 2017
Xu Wei
Wanda Film Halts Trading Amid Suggestions It Will Acquire Wanda Media

Wanda Film Halts Trading Amid Suggestions It Will Acquire Wanda Media

Wanda Film Holding Co. [SHE:002739] is planning a major acquisition of media assets, and the deal is expected to be…

Jul 4, 2017
Liao Shumin

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