HONG KONG (Reuters) – Chinese smartphone maker Coolpad Group, part of the cash-strapped LeEco technology conglomerate, said top shareholder Leview Mobile HK Limited had sold HK$807.7 million ($103 million) shares, reducing its stake to 10.95 percent from 28.78 percent.

HK’s Coolpad says major shareholder sells stake for 3 million

Any comments?

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: