Logo 29 Aug 2022

Beijing court forces LeTV to pay fine

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On Friday, Beijing’s local court issued an order forcing LeTV to pay overdue fines issued by China’s securities regulator (CSRC) over a year ago. 
Some context: In April 2021, CSRC issued two RMB 240 million fines - one to LeTV and one to its founder Jia Yueting - for fraudulently reporting fin...