Jia Yueting (left), founder and chairman of LeEco, and Sun Hongbin, chairman of Sunac China Holdings, seen at the Monday press conference where they announced their investment deal. Photo: Simon Song

Sunac’s 15bn yuan investment in LeEco is baffling to investors

Volatile share movements suggest mixed, if not baffling market sentiment toward the deal

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Jia Yueting (left), founder and chairman of LeEco, and Sun Hongbin, chairman of Sunac China Holdings, seen at the Monday press conference where they announced their investment deal. Photo: Simon Song
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