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Finance

Hong Kong unit of LeEco files for liquidation

Latest sign of trouble for Chinese electronics conglomerate

LeEco's co-founder Jia Yueting is placed on China's official blacklist for debt defaulters.   © Reuters

HONG KONG -- Chinese tech conglomerate LeEco's dream of global dominance hit a wall on Thursday, as it applied to wind up its Hong Kong subsidiary in the latest sign of its mounting financial troubles.

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