Hong Kong Arm of China’s LeEco Files for Liquidation

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A Hong Kong arm of embattled Chinese tech conglomerate LeEco has filed a petition to the territory’s high court to wind up the company, media in the Asian financial hub said on Thursday.

LE Corporation Limited, a unit of LeEco, has applied to liquidate the business according to court documents, government-owned Radio Television Hong Kong and other local media said.

LE Corporation could not immediately be reached for comment. The customer service hotline listed on its website did not appear to be working.

LeTV Sports Culture Develop (Hong Kong) Co. Limited, another LeEco unit in Hong Kong that broadcasts sports events, said on its Facebook page that its operations were unaffected by LE Corporation’s application for liquidation as it is a separate entity.

This article was sourced from Gadgets360

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