Previously, LeEco had to suspend trading on April 17, 2017 because the acquisition of LeEco Pictures involved a major asset restructuring. Everyone is used to the frequent suspension of LeEco. Unexpectedly, LeEco stopped for 9 months!
Jia Yueting, the former CEO of LeTV, quit because of the problems in LeTV's own capital system. Therefore, LeTV has delayed the acquisition of LeTV Pictures. And there has never been a resumption.
According to the current regulations of the regulators and the stock exchanges, the suspension period of asset restructuring of listed companies should not exceed half a year, while the suspension of LeEco this time greatly exceeded the regulatory red line, exceeding more than three months!
No one has ever given a clear statement on when LeEco will officially resume trading.
As Sun Hongbin and Rongchuang China continue to transform the new Letv, Letv is slowly beginning to recover. Although Jia Yueting may not be able to fulfill the contract and pay back the money as scheduled, for LeEco, at least he is still improving.
Just now, some netizens have reported that LeEco has resumed trading, and LeEco has started to prepare for the resumption of trading, and will issue a notice of resumption in the near future!
A senior chairman and chief investment officer of Shanghai Private Equity said that "the resumption of LeEco will definitely fall! And it will still plummet!"