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KM Financial Solutions | China regulator summons founder of debt-laden LeEco back to China
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China regulator summons founder of debt-laden LeEco back to China

25 Dec China regulator summons founder of debt-laden LeEco back to China

Posted at 03:25h in News by
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SHANGHAI, Dec 26 (Reuters) – China’s securities regulator
has formally ordered the founder of indebted tech conglomerate
LeEco to return to China and sort out a mounting debt pile
linked to his firms, ramping up pressure on the head of the
embattled entertainment-to-autos group.

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