
Le.com Delisted by Shenzhen Stock Exchange Due to Massive Losses
The Shenzhen Stock Exchange has terminated the listing of Le.com, a company founded by the debt-ridden Jia Yueting.
5/15/20201 min read
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The Shenzhen Stock Exchange has terminated the listing of Le.com, a company founded by the debt-ridden Jia Yueting.
Chinese online video company Le.com, or Leshi Internet, announced that it had entered the delisting period on the Shenzhen Stock Exchange from June 5.
On Monday, Chinese streaming video service Le.com reported that the China Securities Regulatory Commission (CSRC) had fined the company 240 million yuan ($37 million) for a financial fraud running from 2007 to 2016.