Leshi Stock Plunges To 13-Month Trading Low
Leshi Internet Information and Technology Corp’s shares hit a 13-month low on Monday, as its parent company LeEco is facing mounting doubts about its cash flow and over-expansion efforts which could drag down its growth. The Shenzhen-listed firm’s shares dropped 4.68 percent on Monday, marking the fourth straight daily decline. Its market value has declined … Read more