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Hong Kong arm of embattled Chinese conglomerate LeEco files petition to wind up business
Court records show application lodged by LE Corporation, but impact on television content provider’s services in Hong Kong is unknown
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A Hong Kong arm of embattled Chinese conglomerate LeEco has filed a petition to wind up its business operations in the city, court records show.
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The application to liquidate the business was lodged by LE Corporation on Wednesday, according to court documents.
Details remained unknown as the court records did not provide any further information other than the company’s name and the identity of its creditor.
LeEco was formerly called LeTV and is best known in Hong Kong for providing television content.
What impact the shutdown would have on the city was not clear on Thursday.
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