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Economy

Court freezes Jia's Leshi stocks

1
2017-07-28 09:32Global Times Editor: Li Yan ECNS App Download

All stocks directly owned by Jia Yueting, the controlling shareholder of Leshi Internet Information and Technology, were frozen by a court in Beijing, according to a statement the company posted on the website of the Shenzhen Stock Exchange on Thursday.

Jia directly owned 512 million shares in Leshi, the recently cash-strapped Internet giant, 25.67 percent of the company's total shares, it said.

  

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