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Monday, May 14, 2018

China's Leshi warns of severe cash crunch, possible loss of key unit's control

HONG KONG (Reuters) - Embattled Chinese tech firm Leshi Internet and Technology warned on Monday its cash flow was "extremely tight" and that it could lose control of a key smart TV subsidiary if its biggest shareholder did not repay money owed to it.


from Reuters: Technology News https://ift.tt/2IGz8nc

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