Chinese video streaming company Leshi Internet Information & Technology and its troubled founder, Jia Yueting, are under investigation for suspected information disclosure violations.
Leshi said in a regulatory filing (in Chinese) on Monday night that it has received two investigation notices issued by securities watchdog China Securities Regulatory Commission (CSRC) on April 26 and 29 this month. The company said in the filing that it will cooperate with the investigation and disclose information as needed.
A company spokeswoman TechNode contacted did not respond to inquiries about the nature of the violations.
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