Posted inChina

Jia Yueting under investigation by regulator

Debt-ridden businessman Jia Yueting is under investigation by China’s securities regulator for alleged violation and misconduct of information disclosure rules. Leshi Internet Information & Technology, the Shenzhen-listed unit of LeEco, said in a stock exchange filing on Monday night that the company and its largest shareholder Jia Yueting have received notice of a formal investigation. […]