Tag: Letv

FINTS MORNING BRIEF (15 JULY 2016)

Vice Chairman of the China Securities Regulatory Commission says that the proposed Shanghai – London Stock Connect has made sound progress LeTV, China’s leading online streaming site, forecasts that profits for the first half year…


COOLPAD EXPECTED TO INCUR HKD 1.89 BILLION LOSS OVER FIRST HALF OF 2016

Coolpad, a domestic cellphone and telecom equipment manufacturer, has issued a profit warning over the weekend after its cellphone focused joint venture established at the end of 2014 with internet giant Qihoo 360 reportedly suffered…


TRANSACTION BETWEEN LETV AND GUOAN CLUB REPORTEDLY FALLS APART

LeEco was said to have only paid half of the regulated grant in aid for Beijing Guoan soccer club, namely 50 million yuan ($7.48 million). The other half of the entire deal serves as a…


LETV ACCELERATING WORKS IN INTELLIGENT VEHICLES

Ding Lei, global deputy chairman of LeTV and founder of its LeSEE fanclub, has shown up at the opening ceremony of the latest Formula E race in London between July 2 and 3. Similar to…


FINTS MORNING BRIEF (22 Jun 2016)

Securities Daily says that news about “China will allow qualified foreign firms to issue stocks on the mainland stock markets” are a false interpretation of an article attached to 2015 PBoC annual report, not a…


Letv sees whopping transaction volume on trade resumption day

Letv (300104.SZ), one of China’s largest online video companies, issued a proposal on major assets restructuring on late Jun 2. Amid the Shenzhen stock exchange’s opening the next day, its stock price underwent a major…