China Merchants Bank

Troubled China tech giant LeEco confirms assets frozen

Assets linked to Chinese tech giant LeEco have been frozen in a dispute with a creditor, a unit of the troubled company has confirmed, highlighting its perilous financial state.

Jul 05, 2017, 12:59 PM IST

Pressure piles on China's LeEco as assets frozen after bank complaint

Chinese tech group LeEco is under growing pressure from its creditors and business partners, with a court in Shanghai ordering some of its assets frozen over late payments to a bank.

Jul 04, 2017, 17:11 PM IST