|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.44 - 16.71|
|52 Week Range||13.74 - 17.16|
|PE Ratio (TTM)||6.04|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Chinese tech conglomerate LeEco is in the midst of paying back an overdue loan and discussing repayments of a larger, upcoming due loan with China Construction Bank, the company said in a statement responding to media reports on Wednesday. LeEco, one of China's most ambitious companies that grew from a Netflix-like video website to a business empire spanning smartphones to cars within 13 years, is struggling to support its goals that include beating Elon Musk's Tesla Motors in making premium electric vehicles. Last year, co-founder Jia Yueting said in a staff letter that the firm was facing "big company disease" after having expanded at an unprecedented rate.
There's no magic science behind the mainland money flowing into large lenders.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing China Construction Bank Corp. with the following peers – Bank of Communications Co., Ltd. Unsponsored ADR Class A, Industrial and Commercial Bank of China Limited Unsponsored ADR Class H, China Merchants Bank Co., Ltd. Unsponsored ADR Class H, Bank of China Limited Class H, China ... Read more (Read more...)