Jia Yueting, founder of Leshi and electric vehicle maker Faraday Future, completed bankruptcy proceedings in the US earlier this month. Photo: ReutersJia Yueting, founder of Leshi and electric vehicle maker Faraday Future, completed bankruptcy proceedings in the US earlier this month. Photo: Reuters
Jia Yueting, founder of Leshi and electric vehicle maker Faraday Future, completed bankruptcy proceedings in the US earlier this month. Photo: Reuters

Jia Yueting’s Leshi, ‘China’s Netflix’, delists from Shenzhen exchange with a final market cap down 99.6 per cent from its peak

  • The company’s valuation sank to 718 million yuan (US$102.7 million) on its final day of trading, from an all-time high of 170 billion yuan in 2015
  • Firms controlled by founder Jia Yueting still owe Leshi some 7.53 billion yuan

Topic |   Electric cars
Jia Yueting, founder of Leshi and electric vehicle maker Faraday Future, completed bankruptcy proceedings in the US earlier this month. Photo: ReutersJia Yueting, founder of Leshi and electric vehicle maker Faraday Future, completed bankruptcy proceedings in the US earlier this month. Photo: Reuters
Jia Yueting, founder of Leshi and electric vehicle maker Faraday Future, completed bankruptcy proceedings in the US earlier this month. Photo: Reuters
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