Vizio’s Chinese owner halts trading amid cash crunch


LeEco's new Le Pro3 phone is on display during a press event in San Francisco, California, U.S. October 19, 2016. RETUERS/Beck Diefenbach

SHANGHAI: Fast-growing Chinese tech firm LeEco, which earlier this year purchased US television maker Vizio, has suspended trading of its listed arm’s shares amid fears that a cash crunch had caught up with the company. 

LeEco suspended shares of listed Leshi Internet Information & Technology Dec 7 after the stock plunged 7.85% the previous day. 

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