Jia expanded his business from its video-streaming roots 13 years ago to include telephones, televisions and cars, and had even looked to push into the United States.
SHANGHAI: China's securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms, ramping up pressure on the head of the embattled entertainment-to-autos group.
The Beijing branch of the China Securities Regulatory Commission (CSRC) said in a notice late on Monday that LeEco Chief Executive Jia Yueting must return to China before Dec 31 to "fulfil his obligation" and protect investors' rights.
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