DALIAN, China -- Foundering Chinese video-streaming company Leshi Internet Information & Technology looks set to be delisted from the Shenzhen Stock Exchange as it nears a key deadline with no path to recovery in sight.
Former Chinese tech darling struggles to recover from ill-fated expansion push
A LeEco phone on display during a media event in San Francisco in 2016: Leshi branched out beyond streaming into smartphones. © Reuters
DALIAN, China -- Foundering Chinese video-streaming company Leshi Internet Information & Technology looks set to be delisted from the Shenzhen Stock Exchange as it nears a key deadline with no path to recovery in sight.